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International Monetary Fund (IMF)

IFI governance

Analysis

Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day

Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.

19 October 2021

IFI governance

Analysis

G20 communiqué analysis – Annual Meetings 2021

G20 offers sanguine tone on the global health and debt crises, failing to address issues related to vaccines and private creditors.

19 October 2021

IFI governance

Analysis

G24 communiqué analysis - Annual Meetings 2021

G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.

19 October 2021
Managing Director Kristalina Georgieva speaks during the IMFC Plenary meeting during the 2021 Annual Meetings at the International Monetary Fund.

IFI governance

Analysis

IMFC communiqué analysis – Annual Meetings 2021

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.

19 October 2021

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

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.

7 October 2021

Finance

Analysis

Opportunity lost? IMF approach to Special Drawing Rights channelling risks wasting golden chance

Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.

30 September 2021

Finance

News

Open letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil society organizations call for principles for fair channeling of Special Drawing Rights

CSO launches call for the fair channeling of Special Drawing Rights.

30 September 2021 | Letters

Social services

Analysis

IMF rhetoric and practice on public sector wage constraints: Advice to slash spending continues despite Covid-19 pandemic

Forthcoming research from ActionAid International shows IMF’s dogmatic support for public sector wage bill cuts continues.

29 September 2021 | Guest analysis
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Other news

IFI governance

Background

IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?

Notes from the Civil Society Policy Forum session on 6 October on the governance and resourcing implications of IMF's surcharges.

6 October 2021 | Minutes

IFI governance

Background

Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery

Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.

4 October 2021 | Minutes

IFI governance

Background

Covid-19 recovery: from government response to private sector-led sustainable growth

Notes from the Civil Society Policy Forum session on 29 September on fiscal measures to promote sustainable growth during the longer-term recovery phase.

29 September 2021 | Minutes

Finance

Background

Special Drawing Rights as a sustainable option for financing fight against COVID-19 and economic recovery in Africa

Notes from the Spring 2021 Civil Society Policy Forum session on 1 April.

1 April 2021 | Minutes

Finance

News

IMF increases limits of its concessional lending facility, leading to warnings from debt activists

Concessional lending from the IMF reaches record levels with the new reforms set to increase lending further.

21 September 2021

Accountability

News

IMF faces wave of calls to suspend loan disbursements in Africa

Activists call for suspension of IMF disbursements, raising alarm about lack of accountability for several African loans.

13 July 2021

Social services

Background

Education financing to reach the most marginalised: Challenges and solutions during COVID-19 response and recovery

Notes from the virtual Civil Society Policy Forum session on 31 March 2021.

31 March 2021 | Minutes

Environment

Background

Why climate transition risks are macro-critical: The IMF and enabling a green recovery

Notes from the virtual Civil Society Policy Forum event on 30 March.

30 March 2021 | Minutes
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