The International Monetary Fund (IMF) imposes punitive additional fees on struggling economies, because they are struggling economies. In the MENA region, the Fund has hiked the loan costs of Tunisia, Egypt and Jordan, by adding so-called surcharges, putting the countries at increased financial strain. The justification for the policy is invalid and must be called out by EU states for being discriminatory.
Ahead of the 2023 IMF Spring Meeting, EuroMed Rights and two of its partners summarised the issues in a factsheet available in English, French and Arabic.