In October UK Executive Director Stephen Pickford was called before the Treasury and International Development Select Committees for questioning by MPs.
International Monetary Fund (IMF)
Conditionality
News
IMF crisis conditions reviewed
A new review of IMF conditionality will assess the conditions applied to financial crisis countries, and recommend future approaches.
Accountability
News
IMF halts Russia loans during Chechnya crisis
In December the IMF halted loans to Russia as the war in Chechnya reached crisis point.
IFI governance
News
Gold tied to IMF evaluation
US congress has agreed a proposal to revalue IMF gold to fund the HIPC Debt Initiative on the condition that the money earned is not used to refinance ESAF (now renamed the Poverty Reduction and Growth Facility - PRGF).
Conditionality
News
Southern organisations demand end to adjustment
Organizations and activists in more than 20 Southern countries have launched a campaign against the destructive lending policies of the World Bank.
WB/IMF roles
News
Demystifying the IMF
Friends of the Earth-US has produced a handbook on the IMF.
WB/IMF roles
News
G20 financial group named
A new brick in the financial architecture has been put in place with the disclosure of the members of the group of 20 globally important financial nations, known as the G20.
Conditionality
News
IMF takes on poverty mandate
Important changes to the IMF’s remit in the poorest countries were announced at the IMF-WB Annual Meetings in September.
Trade
News
IMF/WB/WTO: unholy trinity?
At the Seattle meeting of the World Trade Organisation (WTO) in late November, the World Bank confirmed that it will expand its work on trade.
Finance
News
IMF and WB to assess financial stability
The Bank and IMF have established the Financial Sector Assessment Programme (FSAP) to assess financial stability in all member countries and prevent crises.
Finance
News
Capital punishment
A new report from UK NGO CAFOD criticises the IMF response to the financial crisis as “inadequate and at times harmful to the interests of the poor” and urges “deep reforms”.
Rights
News
Prague 2000
A small group of NGOs has begun to discuss common initiatives towards the World Bank/IMF annual meetings in Prague next September.
Featured briefings
12 December 2024
The Bretton Woods Observer: Winter 2024
16 October 2024
The Bretton Woods Observer: Autumn 2024
16 October 2024
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.