International Monetary Fund (IMF)

Finance

News

IMF criticism grows as S. E. Asia Crisis Worsens

Doubts about the IMF’s capacity to deal with international currency problems are mounting as the South East Asian crisis worsens despite the IMF’s bail-out efforts.

15 January 1998

Finance

News

Aiding banks or people?

The IMF’s interventions have again raised discussions of who bears the burden of financial crises.

15 January 1998

Finance

News

US NGOs battle to stop quota funds

The 50 Years is Enough alliance of NGOs took to Washington’s streets in January to protest about US funding for the IMF and its bailout of the Asian economies.

15 January 1998

Finance

News

IMF creates new loans to help with financial crises

The IMF has established the Supplemental Reserve Facility (SRF) to provide extra resources to countries with balance of payments problems caused by rapid capital outflows such as those experienced in South East Asia.

15 January 1998

Environment

News

O’Donnell Returns

Gus O'Donnell, the UK Executive Director to the Bank and Fund, will return to London…

15 January 1998

IFI governance

News

Further IMF Review Delay

The external ESAF review has been delayed again for the consultants to finalise their report.

15 January 1998

IFI governance

News

UK White Paper Suggestions

The UK Government’s White Paper on International Development, launched in November, made excellent statements about focussing more firmly on poverty and the environment but lacked detail on specific policy targets for the World Bank and IMF.

15 January 1998

Finance

News

Nicaraguan civil society fears delay in debt process

Nicaraguan civil society organisations (CSOs) fear Nicaragua will not qualify for the HIPC Debt Initiative before the population has suffered further.

15 January 1998