Washington: Argentina, Ukraine and Egypt top the list of countries borrowing the most from the International Monetary Fund (IMF) the most in 2025, together accounting for nearly half of the total $162 billion owed. This came to light during an IMF and the World Bank meeting in Washington, DC that is being attended financial delegates and central bankers from around the world.
The discussions, which will conclude on Saturday, focus on the impact of these debts on global economic stability, debt management and strategies to support nations facing severe financial crises. The IMF warns of financial distress following US trade tariffs and rising protectionism.
Known as a “lender of last resort”, the IMF steps in when countries face severe financial crises. It provides assistance when usual