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IMF Answers Inner City Press on Cameroon and Bolivia COVID Packages and Zambia Timing

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - CJR - PFT

UN GATE / SDNY COURT, June 18 –  When the International Monetary Fund held its biweekly embargoes media briefing on June 18, Inner City Press posed a number of questions including three that got answered, on Cameroon, Bolivia and Zambia.

  On Cameroon, in light of its reporting that the Paul Biya's government has been arresting political opponents who are distributing COVID-19 masks and other PPE, Inner City Press asked, "In Cameroon,  FM Louis Paul Motaze said the IMF funds will be used "specifically" to equip hospitals, supply needed material in a transparent way. Can you summarize the restrictions / specific purposes?"

   IMF Spokesperson Gerry Rice said that there are restrictions - video here.

On Bolivia Inner City Press asked, "On Bolivia, what is the IMF's response (and confirmation or denial) that the Bolivian parliament has voted to reject a $327 million loan from the International Monetary Fund (IMF) that was earmarked to help the country tackle the coronavirus pandemic, media reported.  According to state news agency ABI, the interim government denounced the parliament's rejection of the loan." In response to this, the IMF's Rice said the offered assistance comes with no conditionality. Video here.

   Finally, for now, on Zambia Inner City Press asked, "On Zambia, please confirm (or deny) and provide IMF comment on that the "IMF consultative and information exchange mission for Zambia will take place from June 22 to July 1" - what is the IMF's thinking on Zambia?" Rice confirmed the timing. We'll have more on all this. Watch this site.


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