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IMF fees on loans to war-torn countries closer to elimination

Financial crisis: Dejected woman on a queue in Sri Lanka. [AP]

The International Monetary Fund (IMF) is facing pressure to re-evaluate how it imposes fees on loans it disperses to needy countries like war-torn Ukraine - which is one of the fund's biggest borrowers.

The move comes as more countries will need to turn to the IMF, as food prices and inflation internationally continues to rise.

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