International Monetary Fund officials are heading to Ethiopia, where the authorities face a tough decision needed to win a bailout that’s key to restructuring the nation’s debt: whether or not to allow its currency to weaken and risk triggering higher inflation and social instability.
The IMF and world bank are not actually there to help uplift developing countries. That line is just PR to obscure their real purpose. They are there to ensure continuing western hegemony over developing countries. Why do you think the IMF thought structural adjustment programs were a good idea for so long.