World Bank appoints new General Counsel while civil society watches for change in approach on human rights.
Notes from a CSO roundtable with World Bank Group Executive Directors at the IMF/World Bank 2016 annual meetings.
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and Bank staff.
IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.
IMF’s managing director lost a July appeal to avoid trial in France over negligence while French finance minister.
The World Bank is set to reappoint president Jim Yong Kim for another five year term, despite persistent concerns from Bank staff and renewed calls for a merit-based process based on principles of transparency and diversity.
The World Bank has appointed 16 senior staff members to lead the global practices created as part of the Bank's restructuring process.
Former Portuguese finance minister, dubbed "fourth member of the Troika" appointed to head IMF fiscal affairs department.
Lagarde discusses income inequality in UK speech and cites Oxfam paper that criticises IMF, but ignores recommendations to reduce income inequality.
The new World Bank Group strategy moves into the implementation stage with changes to country planning and internal structure, but critics say that little will change.