Friends of the Earth Slovakia has complained about the World Bank’s requirement that the government agree a programme with the IMF before it can access Bank loans. “This illustrates how the two institutions work as a team to push their own agenda, regardless of whether the government and the public want it,” commented Juraj Zamkovsky of Friends of the Earth Slovakia. The government aims to establish a formal relationship with the IMF, although some officials feel this could hurt Slovakia’s standing on the international capital markets.
After 4 years of on-off negotiation and public opposition, the government of Egypt has signed a loan deal with the IMF whose impacts civil society fears will encroach upon human rights, social protection and social provision, like health and education, upon which the poorest depend.
Investments by the World Bank-hosted Global Financing Facility (GFF) do not reflect the family planning priorities identified by developing countries and local communities. The GFF also continues to suffer from a lack of transparency and meaningful civil society participation, raising doubts about the new mechanism’s effectiveness.
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