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Critical voices on the World Bank and the IMF
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As Jubilee year draws to a close, debt crisis remains unresolved
The current debt architecture continues to prioritise creditors over people as Jubilee-inspired movements push for genuine cancellation, fair restructuring and enforceable rules to rebalance global economic power.
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G24 communiqué analysis Annual Meetings 2025
The Group of 24 communiqué covered a plethora of pressing topics but failed to offer bold political pressure essential for transformative change.
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V20 communiqué analysis Annual Meetings 2025
Climate-vulnerable countries rebuke austerity-based response to debt crisis, as their climate needs remain largely unfinanced.
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G20 chair’s summary analysis Annual Meetings 2025
G20 once again failed to agree a Communique as chair’s summary ignored Sevilla Commitment and climate, and reflected continued challenges to global cooperation on issues pivotal to economic and geopolitical stability.
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UN80: A missed opportunity for transformation?
Member states must deliver on strategic transformation that enables UN to respond to growing crises.
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The Rabat Roadmap: Activist resistance, militarism and the global economy
The Declaration is launched this month, bringing together feminist, economic justice and climate justice advocates’ demands for systemic change.
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Sri Lanka and the IMF: Another stark example of the need for urgent debt restructure reform
After defaulting in 2022, Sri Lanka has entered its 17th IMF programme, resulting in severe socially and economically damaging austerity, as IMF’s inadequate debt sustainability analysis and approach continue to fail to address the root causes of the country’s cyclical debt problems.
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IDA21 policy package disappoints as prospects for IDA countries continue to darken
After difficult negotiations due to American pressure on climate and gender, World Bank governors approve IDA21 document, embedding the Bank’s problematic private sector-led development approach and failing to integrate economic transformation or binding human rights obligations.
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As Global North blocks progressive reforms at FfD4, World Bank’s failed private sector approach gains traction
As Global North obstructs global finance and debt architecture reforms proposed at FfD4, the World Bank’s failed “billions to trillions” approach continues to gain prominence.
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Spring Meetings 2025 Wrap-up: Don’t look up! Bank and Fund leadership self-censors on climate change and gender issues, as US tariffs rock global economic outlook
US Treasury Secretary Scott Bessent indicates US will stay in the Bank and Fund, claiming “America First does not mean America alone,” as tariffs and rising debt vulnerabilities prompt gloomy forecast.
