Gender Guidance note offers non-mandatory advice to staff on mainstreaming gender but integration of existing in-depth critiques from feminists and civil society needed to tackle gender inequality is missing.
International Monetary Fund (IMF)
Finance
News
Pakistan’s debt crisis fuelled by more IMF loans
Pakistan on track to receive its 24th loan from the IMF after the lender disbursed the last tranche of the country’s latest $3 billion programme.
Gender
News
Tara Povey joins the Bretton Woods Project as new Gender Equality and Macroeconomics Project Lead
Tara will continue the work of the gender team in advocacy targeting the IMF and the World Bank.
IFI governance
News
WEBINAR: A way out of IMF reform
Join us on Wednesday 12th June for the webinar: A way out for IMF reform where we will be discussing the outcome of IMF’s 16th Quota Review and explore the future prospects for governance reform.
IFI governance
Analysis
A way out for IMF reform
New paper analyses the IMF 16th Quota Review and identifies key governance reforms feasible in the current economic and geopolitical context.
IFI governance
Analysis
G20 press conference analysis Spring Meetings 2024: Concrete actions fail to materialise despite strong Brazilian push
In the absence of a G20 Communiqué or Chair statement, Brazilian minister of finance, head of the central bank and other senior officials took questions at a short press conference, with discussion focused on the impact of continued restrictive US monetary policy on the global debt and development finance and the need for more responsive and better capitalised MDBs.
IFI governance
Analysis
V20 communiqué analysis Spring Meetings 2024: Climate vulnerable countries issue call to action, as net-negative flows result in ‘millions in, billions out’ amid growing debt burdens
V20 members are expected to pay $904.7 billion in debt service between 2022-2030, as debt, lack of financing and low projected growth hampers prospects for green economic transformation.
IFI governance
Analysis
IMFC chair’s statement analysis Spring Meetings 2024: Tinkering at the margins while global crises unfold
IMFC chair’s relatively sanguine view of the global economy does not reflect the IMF’s own projection that the five-year global economic growth forecast is “at its lowest in decades”.
IFI governance
Analysis
G24 communiqué analysis Spring Meetings 2024: Calls for reform, not protectionism
The Spring 2024 G24 communiqué puts pressure on the BWIs to use their influence where it’s needed, including calls to suspend and review surcharges, offer the biggest ever IDA replenishment, suppot the UN Tax Convention, and avoid protectionist policies.
IFI governance
Analysis
Spring Meetings 2024 Wrap Up: Despite mounting crises, persistent lack of political will to match rhetoric with action remains
Urgent BWIs reforms remain hostage to lack of political will in Global North as the G20 failed to deliver on important issues within a fragmented geopolitical situation.
IFI governance
Background
The polycrisis: How unchecked public debt fuels corruption and bad governance
Notes from the Civil Society Policy Forum on 18 April titled "The polycrisis: How unchecked public debt fuels corruption and bad governance."
IFI governance
Background
Fit for purpose: Reviewing green conditionalities in the IMF RST and World Bank RST
Notes from the Civil Society Policy Forum on 18 April 2024 titled, "Fit for purpose: Reviewing green conditionalities in the IMF RST and World Bank RST."