A new report shows that debt relief in Nicaragua is only partly going to poverty reduction. The expected relief from debt servicing for 2003 is nearly $214 million, however the national budget indicates that only $98.4 million was set aside for poverty reduction expenditure. The report says this is because the government is prioritising – with IMF support – internal debt payments to the private sector. Nicaragua is on the IMF’s Board agenda for June.
This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.
This briefing provides an overview of the immunity of international organisations in US law, looking at a lawsuit brought against the IFC regarding the Tata Mundra coal power plant in India.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).