IMF Board backs key change to lending-into-official-arrears policy
LONDON, April 17 (Reuters) – The International Monetary Fund’s Board has backed a key change to give it more freedom to support crisis-hit countries even if debt renegotiations with big creditor governments like China are still ongoing, The proposal is to reform what the IMF calls its Lending Into Official Arrears (LIOA) policy, a framework that determines […]