International Monetary Fund (IMF)

Finance

News

UN Finance for development conference

It has been agreed that a high level United Nations meeting on Finance for Development will be held in 2001 involving political decision-makers at least at the ministerial level.

15 April 2000

Conditionality

News

Korean workers lawsuit against IMF thrown out

A South Korean court has rejected a lawsuit filed by a group of labour unions against the IMF for alleged policy mistakes.

15 April 2000

IFI governance

News

G8 to G30

Michel Camdessus, former IMF Managing Director, has proposed that the G8 should be expanded to the G30, to include all countries represented on the IMF and World Bank boards plus representatives from the IMF, WB and UN institutions.

15 April 2000

Rights

News

Washington focus for globalisation protests

Activists from across the US will converge in Washington to protest at the IMF and World Bank Spring Meetings.

15 April 2000

Social services

News

Health Commission set up

The IMF and World Bank will participate in a commission of eminent economists chaired by Jeffrey Sachs on Macroeconomics and Health.

15 April 2000

Conditionality

News

Chiluba attack on IMF

Zambian President, Fredrick Chiluba has blamed the IMF for Zambia’s economic problems, saying that the IMF’s reforms, advocated by rich countries, had brought unemployment and a rise in poverty levels.

15 April 2000

Rights

News

Bank/Fund videos wanted

Friends of the Earth International, one of the main organisers of the NGO events surrounding the Annual meeting of the World Bank and IMF, this September in Prague, is organising a two day video festival, where documentaries related to IMF/World Bank activities will be shown for a wide audience, connected with debates and presentations.

15 April 2000

IFI governance

News

Blair appeal on global institutions

At the Davos Economic Summit in January UK Prime Minister Tony Blair called for serious debate about reforming global institutions.

15 April 2000

Accountability

News

Kenyans reject new WB and IMF lending

The Stakeholders Support Group (SSG), formed by Kenyan opposition party members, lawyers and NGOs, is protesting against the resumption of IMF lending, saying that the government has not made the necessary reforms to stamp out corruption.

15 April 2000

Conditionality

News

Provocative report on IMF and World Bank reforms

A US Congress commission, which reported in March, called for major cut backs in World Bank and IMF activities.

15 April 2000

Infrastructure

News

IMF oil price increase fuels protests

Threats of oil prices rises sparked protests in Nigeria in December.

15 April 2000

IFI governance

News

Danger US Right wing will dominate reform agenda

The Meltzer Report has renewed fears that the debate on International Financial Institution (IFI) reform will be heavily skewed towards right-wing interests.

15 April 2000