Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
News
Accountability
News
CSOs raise concerns about conflict of interest related to World Bank technical assistance loan in Guyana
Law firm contracted under World Bank technical assistance apparently backs out after CSOs expose links to ExxonMobil.
Social services
News
The World Bank, Covid-19 and public education: two steps forward one step back
World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.
Rights
News
IFC denies responsibility for community harms following CAO’s Guatemala dam investigation
IFC denies responsibility for harms to the community in dam case despite investigation findings.
Finance
News
Argentina increases offer to bondholders after IMF claims “room for improvement”
Private creditors provided with IMF backing in Argentina negotiations as country enters into default.
Rights
News
Concerns over labour rights resurface in IFC's Covid-19 response
Joint letter to IFC chief executive officer raises questions on worker protections.
Finance
News
Failure to lend to Venezuela and Iran once again raises questions around IMF’s political neutrality
IMF fails to respond to loan requests from Iran and Venezula as they struggle to respond to increasing Covid-19 cases and deaths.
Land
News
IMF and World Bank help push through contentious Ukraine land reform amid Covid-19 pandemic
Bank and Fund-backed land bill passed in dead of night during lockdown favouring private investors and Western agribusiness.
IFI governance
News
IFC CEO announces planned retirement
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
Finance
News
IMF watchdog releases Covid-19 tracker
Database launched on Covid-19-related IMF spending to help civil society keep track of lending programmes.
IFI governance
News
Senior-level staff changes at World Bank and IMF
World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.
Accountability
News
World Bank board silent on Guatemala dam investigation review after February meeting
World Bank board silent following meeting on Guatemala dam investigation into IFC-linked harms.
