Mr Montek Ahluwalia, a member of the Economic Advisory Council to the Prime Minister of India, has been appointed Director of the IMF‘s new Independent Evaluation Office (EVO). He will take up his post in August. He will be responsible for establishing the rules and mechanisms by which the EVO will function. NGOs have urged him to consult widely outside the IMF, particularly with civil society groups in countries implementing IMF programmes. NGOs have called for mechanisms to involve stakeholders in setting the Office’s agenda, identifying consultants, and commenting on draft and completed reviews.
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Bretton Woods Project briefing on MDBs' fossil fuel investments and exposure to the carbon bubble
The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, and the Bretton Woods Bulletin, an online update of news and action on the institutions.
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