Current cooperation of Latin American and Caribbean countries with International Monetary Fund

The article looks upon the key issues of cooperation between Latin American and Caribbean countries and International Monetary Fund from 2018 to present days. The author examines the large loans that IMF has given to the LAC countries as well as the facilities of “precautionary” assistance and urgent financing. The article also considers the link between the interaction of the LAC countries with the IMF and the nature of their relations with the United States - the holder of the largest quota in the organization. After studying the lending conditions and trends of macroeconomic performance of the borrowing countries the author concludes that in case of LAC cooperation with the IMF hardly contributes to resolve crises, however, might serve as support for the already well-established measures.