Conditionality impacts

IMF Managing Director Kristalina Georgieva participates in the Joint Climate Seminar during the 2023 Annual Meetings of the World Bank Group and International Monetary Fund in Marrakech, Morocco on October 11, 2023. Credit: IMF Photo/Kim Haughton

Conditionality

Analysis

World Bank and IMF promoting private finance and fiscal consolidation despite mounting evidence of harmful impacts

Civil society research documents clear harms from privatisation and fiscal consolidation on public services and human rights, as Bank and Fund push for their deepening.

13 December 2023
Managing Director Kristalina Georgieva holds a Caribbean Ministerial Roundtable on the Resilience and Sustainability Trust at the Lloyd Erskine Sandiford Centre, 17 June 2022. Credit: Kim Haughton/ IMF Photo

Environment

Background

What is the IMF Resilience and Sustainability Trust?

This Inside the Institutions looks at IMF’s Resilience and Sustainability Trust (RST) reflecting on concerns about its eligibility criteria, quota limit, and 'green conditions'.

13 December 2023 | Inside the institutions

Social services

News

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favour of ineffective targeting schemes

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.

4 October 2023

Conditionality

News

Tunisian government resists proposed IMF austerity programme 

Tunisian government is attempting to renegotiate IMF loan to avoid subsidy cuts on food and fuel.

19 July 2023

IFI governance

News

Marrakech CSO working group launches statement ahead of 2023 Annual Meetings

Marrakech working group calls on the BWIs to cancel the debt, stop imposing austerity and ensure a just energy transition.

19 July 2023

Finance

News

Egypt reaches agreement for IMF programme, but proposals for debt relief are still lacking

Egypt’s new EFF program will likely deepen the country’s debt crisis, instead of helping improve its socioeconomic conditions.

8 December 2022

Conditionality

News

Unbalanced financial stimulus followed by fiscal austerity: When will the IMF learn from its mistakes?!

New reports by Financial Transparency Coalition and Eurodad highlight uneven distribution of Covid-19 stimulus spending followed by socially painful fiscal austerity.

8 December 2022

Finance

News

Highly indebted countries face further cuts to public spending to service debts, as IMF austerity bites

Debt Justice's new report highlights urgent need for international debt workout mechanisms, as countries are forced to prioritise debt payments.

21 July 2022

Finance

Analysis

New IMF Resilience and Sustainability Trust (RST) – how to make it work for the Global South

RST must support low- and vulnerable middle-income countries to recover from the pandemic and tackle economic and climate-related structural challenges.

6 April 2022 | Guest analysis

Conditionality

Analysis

New IMF-Pakistan agreement likely to have adverse impact on women

IMF and Pakistan have reached agreement for a further loan disbursement, with Pakistan agreeing to significant cuts.

9 December 2021 | Guest analysis