• <a fr-original-style="" href="https://www.ft.com/content/eddedee3-669d-42cc-9597-33609a8bff99" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">IMF loans to struggling economies</a> hit a record high of $140 billion, according to the Financial Times, as the world’s lender of last resort battles multiple crises that have pushed at least five countries into default, with more expected to follow. The pandemic, Russia’s attack on Ukraine, and a sharp rise in global interest rates have forced dozens of countries to seek IMF assistance.<img src="https://images.aposto.com/2022/8/0/1664130516678.jpeg" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.45" width="550" alt="IMF loans" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via FT<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Looking ahead… The figure is expected to grow further in the coming months as large rate rises by major market central banks will push up borrowing costs around the world and risk triggering a global recession. The IMF’s total commitments, including loans agreed but not yet disbursed, already stand at more than $268 billion.</li></ul>

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