The foreign loan you see isn’t always the cash you get

    Adeniyi Bamgboye | Opinion | Jun 17, 2026    
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When governments talk about securing an international loan, it often sounds like a straightforward solution: a number is announced, headlines celebrate, and citizens expect that money will quickly show up to fix roads, hospitals or the budget. The reality, however, is more complicated — and sometimes uncomfortable. Understanding how these loans work, especially from institutions like the International Monetary Fund (IMF), matters because it determines whether borrowing becomes a path to growth or a burden on future generations.

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