The IMF approved a new communications strategy in June which will guide the Fund’s public face for the next several years. Its main goals are to “strengthen the Fund’s effectiveness by (i) raising understanding and support among key constituencies of the Fund’s mission and reform agenda; and (ii) using communication as a tool in the delivery of the Fund’s operational activities.” A welcome addition was a greater focus on parliaments and legislators. A notable omission was on taking input from external stakeholders. Nowhere in the communications strategy policy paper are the words ‘consultation’ or ‘input’ used in reference to anyone but country authorities.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
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