The World Bank’s 2005 Africa Action Plan (AAP) is up for review and the Bank is rolling out consultations. Phase one consultations will extend through June, and will take place in a number of cities in Africa. A draft strategy will be unveiled in August with phase two consultations extending through October. The AAP consultation note argues that “Africa’s fundamental problem [is] weak governance and public-sector capacity,” but makes no reference to the contributions many have argued the IFIs made to this through their structural adjustment programmes of the 1980s and 1990s (see Update 62).
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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