In March, the World Bank launched its new Africa strategy, outlining three main areas in which it will focus its operations: competitiveness and employment, vulnerability and resilience of citizens, and governance and public sector capacity. However, a major focus is on “leveraging partnerships”, including how to ”leverage the Bank’s financing to crowd-in other sources of private investment.” Dr. Kwame Osei, writing for the website Modern Ghana, observes that “This new approach from the World Bank will never enable Africa to develop at a point where inordinate poverty [and] disease … will be eradicated” (see Update 62).
New IMF gender guidance opportunity for civil society to keep its staff to account.
BWP publishes essay series reflecting on the legacy of 75 years of IMF and World Bank policies and power.
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