Why the IMF Resilience and Sustainability Trust is not a silver bullet for Covid-19 recovery and the fight against climate change

Last week the IMF published a blog disclosing some key design features of the Resilience and Sustainability Trust (RST), confirming that countries will need to have a pre-existing programme to be eligible and that programmes will rely on conditionality designed in conjunction with the World Bank and other institutions. In this Twitter thread we outline the most worrying aspects of the RST, that may reproduce the inequalities of the current system and award the IMF additional powers outside of its mandate. You can also read our blog on the RST again here.

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