The IEO has released the draft issues paper for an evaluation on the relationship between the IMF and its member countries, which will focus on the interaction of staff with member-country officials. Though “the evaluation will not focus on evaluating the specific advice conveyed during the interactions”, it will assess the quality of the interactions. That should leave plenty of scope for the IEO to consider whether Fund staff were on their best behaviour. The evaluation may also include a thematic study on “interacting with civil society and partners, including with donors in a low-income country programme context.” The IEO is taking feedback on the draft before publishing a final issues paper.
World Bank & IMF in the news
Despite the World Bank’s commitment to move away from funding coal, a series of loopholes in its financial intermediary lending remain that will continue to allow finance to support coal power projects.