Congressman Chuy García

@RepChuyGarcia ↗

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Last Checked March 31, 2022

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Tue Mar 08 21:20:49 +0000 2022

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Congressman Chuy García @RepChuyGarcia

The IMF imposes “surcharge fees” to countries that hold large loans or owe for a long time. These charges are above and beyond regular loan and interest payments. — PolitiTweet.org

Posted March 8, 2022

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Congressman Chuy García @RepChuyGarcia

Today along with @RepJayapal I am introducing the Stop Onerous Surcharges (S.O.S.) Act, which would direct the @USTreasury to support a review of the IMF's surcharge policy and a pause on surcharges for the duration of the review. This would help @Ukraine at a time of great need. — PolitiTweet.org

Posted March 8, 2022

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Congressman Chuy García @RepChuyGarcia

Ukraine owes tens of millions of dollars to the IMF in these surcharge fees each month, and it will have paid half a billion dollars in surcharges by the end of next year. — PolitiTweet.org

Posted March 8, 2022