EUA obriga FMI a violar estatuto, financiando uma guerra civil.
The IMF has now made it official: it will go on lending to Ukraine regardless of whether or not it defaults on its private Western debt. The IMF’s statement, made in the form of an open letter published on its website (full text below) makes the fact clear. The key words in the letter are: “The IMF, in general, encourages voluntary pre-emptive agreements in debt restructurings, but in the event that a negotiated settlement with private creditors is not reached and the country determines that it cannot service its debt, the Fund can lend to Ukraine consistent with its Lending-into-Arrears Policy.” The idea seems to be that, as Ukraine is due to pay £23 billion to its Western creditors over the next four years, defaulting on this debt will plug the $15 billion hole in the funding the IMF is providing Ukraine, which it has identified.
That this is a blatantly political decision showing a willingness to lend to a country that is bankrupt, hardly needs saying. What the IMF is in effect doing, since it is not willing to increase the amount it is lending, is fund Ukraine at the expense of its creditors. It is a significant — and dubious — departure from IMF practice. However the political pressure from the Western powers that control the IMF for it to continue its support for Ukraine has overridden all other considerations. For the IMF this is a high-stakes gamble. It is known that back in 2010 all the non-Western representatives on the IMF’s board, as well as the Swiss representative, vigorously opposed the planned bailout of Greece, seeing it as a blatantly political attempt to rescue the euro by piling debt on Greece which it could never repay. On that occasion the decision was rammed through by the Western majority, only for the criticism of the non-Western representatives to be proved true later.
