Latin America and CaribbeanArgentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Uruguay, Venezuela; Antigua and Barbuda, Bahamas, Barbados, Cuba, Dominica, Dominican Republic, Grenada, Haiti, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and Grenadines, Trinidad and Tobago. read more background... Items 1 to 10 of 149Venezuela disputes IMF growth predictionsVenezuela's Central Bank said in November that the country should begin to pull out of recession with 2 per cent growth predicted for 2011, four times more than the IMF suggested. read article... Experts' concern over investment treatiesA group of more than 35 leading academic experts in investment law have to express concerns over the social impact of investor protection priority in target countries. read article... Argentina wins Paris Club talks without IMFIn mid November, Argentina got the green light from rich countries, grouped together in the so-called Paris Club, to negotiate repayment of about $7.5 billion in defaulted debt without IMF oversight. read article... Jamaica: IMF halts school constructionNewspaper Jamaica Gleaner reported in early September that the country’s IMF programme has slowed the building of new schools. read article... IMF grants Antigua loan amid controversyThe IMF has faced increased political pressure to refuse a $118 million loan to Antigua and Barbuda following the government’s seizure of assets belonging to Allen Stanford, former head of the now fallen Stanford Investment Bank (SIB). read article... Court finds fault with IFC-backed paper millControversy over the Botnia paper mill, which was part financed by the International Finance Corporation (IFC), the World Bank's private sector arm, continues as the International Court of Justice (ICJ) ruled that Uruguay breached regional treaty obligations by failing to properly inform neighbouring Argentina when authorising its construction. read article... World Bank and IMF restore relations with HondurasThe Bank and Fund have decided to restore relations with Honduras, after almost eight months of suspension. read article... Guyanese oppose REDD without consultationParticipants reviewing proposed low carbon development strategies and Reduced Emissions from Deforestation and Degradation policies of the World Bank at a workshop on Indigenous peoples' rights, extractive industries and national development policies in Guyana, expressed dissatisfaction with the consultation process indicating that previous concerns were yet to be addressed. read article... Haiti to receive Bank finance and debt reliefIn late March the World Bank announced a three-year programme of financial support for Haiti totalling $479 million, which includes total cancellation of its $39 million debt to the Bank. read article... World Bank restores aid to post-coup HondurasThe World Bank announced in early February that it would restore aid to Honduras, following the inauguration of Porfirio Lobo as president. read article... |
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