In 1981, India’s government under Indira Gandhi approached the IMF for a loan. The conditionalities that were part of the loan set the stage for decades of ‘reform’ which would lead to a massive rise in inequality

Islamabad is gearing up to implement tougher austerity measures in the hopes of accessing stalled IMF loan disbursements even as people in the country are facing food shortages and record levels of inflation 

International financial institutions have shaped health systems, especially in the Global South, through programs of structural adjustment and austerity policies. It is imperative that these are replaced by pathways for strengthening public health systems and the social determinants of health

The International Monetary Fund has a long history of insisting on loan conditionalities which are harmful to public services. This practice did not change even during the pandemic, with African countries being some of the worst affected

Journalist Aunindyo Chakravarty explains the dichotomy of two Indians finding a place among the top ten billionaires of the world while billions struggle for a livelihood. He explains the policy paradigm that led to this moment