Does the IMF Promote Cuts to Health, Education, Social Protection, or Public Investment During Economic Crises?

Does the IMF Promote Cuts to Health, Education, Social Protection, or Public Investment During Economic Crises?

In our previous article, we explored whether IMF-supported programs impose austerity on countries in financial crisis, examining the balance between fiscal consolidation and social impacts. A related concern often raised is whether the IMF encourages or requires reductions in priority spending areas health, education, social protection, and public investment precisely when economies are under strain. […]