IMF staff are discussing whether to release for external consultation a draft staff Guidance Note on its Poverty Reduction and Growth Facility. The note covers programme ownership; collaboration with the World Bank; social impact analysis; use of aid resources; public resource management; pro-poor budgets and more selective use of conditionality. In recent discussions with NGOs the IMF has been keen to emphasise that it will streamline its conditionality on PRGF loans to focus on a few key macroeconomic criteria and on essential structural reforms important for macroeconomic stability.
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This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
New analysis reveals the IMF’s increasing use of controversial conditions attached to loans.
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