WASHINGTON, Aug 21 - The International Monetary Fund is facing pressure to reevaluate how it imposes fees on loans it disperses to needy countries like war-torn Ukraine — which is one of the fund’s biggest borrowers.
The move comes as more countries will need to turn to the IMF, as food prices and inflation internationally continues to rise, The Associated Press reported.
Surcharges are added fees on loans imposed on countries that are heavily indebted to the IMF.
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