A new report by Bolivian NGO CEDLA shows that despite a new emphasis on civil society participation and poverty alleviation, the core policies attached to IMF loans have not changed. Participation in the design of the national poverty reduction strategy excluded many non-governmental actors and did not have the supposed impact on the final document. Using evidence from past programmes, the authors conclude the Fund’s Poverty Reduction and Growth facility and the PRSP are “unlikely to change the prospects of the economy and of the majority of the people in Bolivia”. They recommend social impact analysis of proposed policies and open public debate before a new letter of intent is signed.
BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on resource mobilisation in developing countries, in particular on Value-Added Tax.
The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.
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