IMF lowers annual borrowing costs for members by 36%

IMF lowers annual borrowing costs for members by 36%
The International Monetary Fund (IMF) has reduced its members' borrowing costs by approximately US$1.2 billion annually, according to IMF Managing Director Kristalina Georgieva.In a press release on Friday, Georgieva stated, “The approved measures will lower IMF borrowing costs for members by 36 pe...