A synthesis of the last two months in the ongoing negotiations between the IMF and the Argentine government.
Other International Financial Institutions
The World Bank Executive Board has delayed the decision over a political risk guarantee of $250m for the Bujagali Dam Project until June 18.
Studies from Malawi, Ethiopia, Uganda and Cambodia fault the PRSP process for failing to provide space for a real debate of policy alternatives, and for a lack of transparency and accountability.
A new bulletin, Info-IFI, aims to inform Spanish-speaking readers about the actions of the Multilateral Development Banks.
By Shahid Husain, Freelance journalist, Karachi, and Charlotte Carlsson, Communications & research officer, Bretton Woods Project
World Bank Asia region staff are currently considering whether to move the Nam Theun 2 dam, Laos, to “pre-appraisal stage”.
Local government leaders in the Leon Norte area of Nicaragua have written to the World Bank to express their “deep concern about the development of the PRSP consultation in Nicaragua”
On 17 January 150 people were arrested in Bhopal while marching against World Bank and Asian Development Bank policies.
In November Mexican civil society networks greeted incoming president, Vincente Fox, with a letter calling for greater transparency and accountability in the country’s decision making processes.
A new book sets out current issues in multilateral development bank reform and the way that the US pushes its interests in the institutions.
In January, the Confederation of Indigenous Nationalities of Ecuador (CONAIE), and other social movements led an uprising in protest at the worsening economic situation which resulted in the resignation of the president, Jamil Mahuad.
The Asian Development Bank Institute (ADBI), led by its new head Masaru Yoshitomi, has mounted an attack on the IMF’s use of conventional policies for dealing with the crisis in Asia and plans to hold meetings and seminars to challenge the IMF’s approach at the Bank/Fund annual meetings.