The World Bank said in late February that it would not guarantee the billion-dollar Nam Theun II dam in Laos until the government commits itself to significant political and economic reforms. World Bank Vice President for East Asia and the Pacific Jean-Michel Severino said “It is important that the government has a good understanding of the conditions which will make the project technically, economically, politically, and ecologically sustainable,” Severino is quoted as saying. “We can’t commit ourselves on global risk without acceptable macroeconomic conditions being in place.”
BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on resource mobilisation in developing countries, in particular on Value-Added Tax.
The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.
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