“I have a heart” pleaded Horst K
International Monetary Fund (IMF)
Conditionality
News
Bolivians appeal for end to conditions
The worsening social and economic crisis in Bolivia, has led to several weeks of riots, according to The Bolivian Foro Jubileo 2000, which appealed to the international community and the Paris Club, which met in October, not to impose any new adjustment conditions.
IFI governance
News
IMF Lending facilities reformed
As part of the IMF’s overhaul, the IMF Board has agreed to further changes in key credit lines: the Contingency Credit Line (CCL), the Extended Fund Facility and Stand-by Loans.
Rights
News
Prague Declaration
Several NGOs from countries including the US, Thailand, the Czech Republic and South Africa released a “Prague Declaration” challenging the right of the IMF and World Bank and those who control them to dictate economic policy, and opposing the undemocratic and elitist character of the institutions and the meetings they hold.
Finance
News
Brazilians say “no” to debt and the IMF
In Brazil a national plebiscite on External Debt, held in September, rejected the government’s agreement with the IMF and its commitment to full debt repayment at whatever cost.
News
New books and reports
A selection of recent books and reports not mentioned in other articles.
Conditionality
News
Nigerian union takes IMF and Bank to court
In October, the Academic Staff Union of Universities (ASUU) asked the High Court in Lagos to declare as illegal, pressures by the World Bank and the International Monetary Fund (IMF) on President Olusegun Obasanjo to implement their economic policies on Nigerians.
IFI governance
News
Post Prague
Many people are wondering what the World Bank and IMF Prague annual meetings, plus associated independent discussions and protests amounted to.
Finance
News
Little change in new IMF Indonesian programme
A revised programme agreed between the Indonesian government and the IMF in September has led to few changes.
News
New global governance proposals
Three new books and reports set out proposals for reorienting and improving global governance arrangements.
IFI governance
News
Financial review body formed
A Financial Sector Review Group has been set up to provide the IMF with an independent perspective on its financial sector and capital markets work.
IFI governance
News
Reform of IMF governance now on the agenda?
At the Annual Meetings South African Finance Minister, Trevor Manuel, demanded a more powerful voice for developing countries.
