A new IMF working paper on the New Partnership for Africa’s Development (NEPAD), calls the agreement “visionary”. The paper urges “the active selling of reforms”, saying that “efforts underway to establish national and regional communication centers are steps in the right direction.” The Fund’s response to NEPAD includes the HIPC debt-relief initiative, increasing work on transparency/accountability and intensified support for capacity building – highlighting the opening of the African Regional Technical Assistance Centre in Dar es Salaam. For their part, African governments will need to “use PRSPs to translate NEPAD’s framework into operational blueprints.”
Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
BWP publishes new booklet on gender-just macroeconomics, a guide to engaging the IMF and World Bank.
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