The IMF is bending over backwards to accommodate Ukraine. Yesterday, it actually changed its rule as to not doing any lending to countries that default on their debts to other countries. The change aims to free Ukraine from its (entirely fictitious) debt to Russia but it will benefit all countries who want to use the new regulation.
Joe Biden came to Ukraine on the same day, reiterating the US support for the anti-Russian sanctions and confirming that the IMF will be amenable to Ukraine’s needs.
The Kremlin is livid and is promising to sue the IMF.
It has to be recognized that the IMF has been very good to Ukraine, pushing it towards much needed anti-corruption reforms. Yes, I know you read something vaguely convincing by Naomi Klein a while ago but please consider opening yourself up to the possibility that the world is a tad more complex.
Clarissa's Blog 