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External review of IFI collaboration slow to start

News|Bretton Woods Project|19 June 2006|update 51|url
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The external review of Bank-Fund collaboration, announced at the end of March, is only now getting off the ground. Four of the six members of the committee are former insiders at the Bank or Fund, such as former World Bank managing director Caio Koch-Weser. The committee has yet to publish details of how it plans to engage with any stakeholders, though the external relations department at the IMF has promised a web page and email box for civil society comments. A source at the Bank indicated that most of the legwork of the 'external' committee would probably be performed by Bank and Fund staff. The committee will submit its report by the end of the year.

Published: 19 June 2006 , last edited: 19 June 2006

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CounterBalance, a new European coalition of development and environmental non-governmental organisations formed specifically to challenge the European Investment Bank (EIB), has launched its website. The EIB is the world's largest public lender. Find out more about it from CounterBalance.

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