The focus of the IMF’s internal review of IMF conditionality has expanded in the light of IMF Horst K
International Monetary Fund (IMF)
IFI governance
News
IMF transparency pledges
The IMF’s Executive Board agreed to improve IMF transparency in September, including writing documents in clearer language and making them available in other languages than English.
Social services
News
Hondurans strike against privatization
In August, thousands of civil servants went on strike for 24 hours in Honduras disrupting education, transport and health services.
IFI governance
News
Evaluating the Fund
Terms of reference have been agreed for the IMF’s External Evaluation Office (EVO).
Conditionality
News
Russian u-turn on IMF conditionality
In September, Russia reimposed energy sector controls to force Russian oil companies to sell some of their product on the home market, only months after it removed them to comply with IMF conditionality.
Conditionality
News
Don’t dictate policy, Turkey tells IMF
In September, Turkish Prime Minister, Bulent Ecevit, told the IMF not to dictate policies after further protests erupted in Istanbul and the southern city of Adana.
WB/IMF roles
News
Proposal For A Transparent And Independent Evaluation Office
NGOs’ letter to Gordon Brown, Chair of the International Monetary and Finance Committee, to express their concerns about the proposed structure for the Independent Evaluation Office (IEO) of the IMF and to suggest alternative features which are essential for ensuring an effective, transparent IEO.
WB/IMF roles
Analysis
Comments on the paper “Making The IMF’s Independent Evaluation Office (EVO) Operational&
The Bretton Woods Project welcomes the establishment of an EVO.
Finance
News
New Bretton Woods Project report on capital flow implications
The Bretton Woods Project is about to publish a report examining the role of the World Bank and IMF in promoting private investment in developing countries, and the true costs and benefits of international financial flows.
Conditionality
News
London workshop on sustainability
In late May WWF and UK NGOs organised a workshop on National Strategies for Sustainable Development (NSSDs).
Rights
News
New SAP alerts
US-based NGO Globalization Challenge Initiative has launched a “Structural Adjustment Program (SAP) Information Alert” service.
Conditionality
News
PRGF lending guidance discussions
IMF staff are discussing whether to release for external consultation a draft staff Guidance Note on its Poverty Reduction and Growth Facility.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.