G20 offers sanguine tone on the global health and debt crises, failing to address issues related to vaccines and private creditors.
G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.
The communiqué of the IMFC was issued on 14 October. It emphasised an uneven recovery from the Covid-19 crisis and highlighted debt concerns. It also called for progress on IMF quota reform.
Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.
Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.
Forthcoming research from ActionAid International shows IMF’s dogmatic support for public sector wage bill cuts continues.
Strategy proposes adding up to 95 new staff to boost Fund’s capacity to work on climate issues, as civil society research suggests Fund advise misaligned with just energy transition.
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.
On 23 August, the IMF finalised the allocation of $650 billion worth of SDRs to its member states. CSOs outline in a joint statement how the UK should seize this opportunity.
IMF's continued push for central bank independence criticised as undemocratic, unequal and for curtailing countries' capacity to respond to the pandemic.
Review maintains inadequate and inconsistent approach to economic and gender inequality, as well as climate change.