The IMF is working to prevent millions of people in low-income countries from slipping into poverty as the third wave of the global economic crisis washes up on their shores.

Low-income countries, which are still feeling the effects of the recent food and fuel crisis, have sought the IMF’s help in coping with the effects of the global financial crisis. Although advanced and emerging economies were hit first, low-income countries are now experiencing sharply lower exports, shrinking foreign direct investment, and declining remittances as a result of the global downturn.

Besides providing new concessional financing, policy advice, and technical assistance, the IMF is taking measures to help low-income countries protect spending on health, education, and other critical services.

This page pulls together the IMF's work on low-income countries and includes links to key articles, documents, and background information.