The IMF's imposition of surcharges on the world's most indebted nations is exacerbating the polycrisis, rather than providing support, as civil groups argue these fees are unnecessary.
Critics of the IMF argue that imposing surcharges adds undue burdens on countries already struggling through crises, such as hunger and climate disasters.
Many countries, including those in the Global South, are already facing simultaneous crises like climate change and war, and the IMF's actions are only worsening their situations.
Latindadd, a civil society organization, highlights that the IMF does not need the revenue from surcharges, as it has sufficient funds for its operations.
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