The 50 Years is Enough alliance of NGOs took to Washington’s streets in January to protest about US funding for the IMF and its bailout of the Asian economies.
The Nam Theun 2 (NT2) Hydroelectric Project is the largest prospective hydropower project in Lao PDR.
The Human Development Department of the World bank is preparing an Education Sector Strategy Paper (ESSP).
The IMF has established the Supplemental Reserve Facility (SRF) to provide extra resources to countries with balance of payments problems caused by rapid capital outflows such as those experienced in South East Asia.
The NGO World Bank Working Group is in the process of restructuring to become more regional and more representative.
In February the World Bank Board will again review the functioning of the Bank’s Inspection Panel, subject of two new NGO reports.
Nicaraguan civil society organisations (CSOs) fear Nicaragua will not qualify for the HIPC Debt Initiative before the population has suffered further.
The NGO network Women’s Eyes on the World Bank has produced a report examining the Bank’s efforts to bring its lending practices into line with the steps agreed at the 1995 World Conference on Women.
The external ESAF review has been delayed again for the consultants to finalise their report.
Following NGO scrutiny of the World Bank’s plans to support the Chad-Cameroon oil pipeline scheme the Bank appears to be reconsidering its use of IDA (soft loan) money for the project.
The IMF and World Bank should reform their constitutional rules and decision-making procedures and practices if they are to achieve the standard of good governance they themselves have defined for borrowing members.
The 1998 World Development Report (WDR) will address issues of “Knowledge and Information for Development”.