Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.
Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.
Notes from the IMF and World Bank 2019 Spring Meetings official session on 14 April on international taxation challenges in Africa.
IMF agrees to conditional participation in new Greek loan package and demands that the government maintains the suspension of collective bargaining despite rising inequality and decrease in wages.
IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.
As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
The Cyprus government nearly fell in February over IMF and European demands for the privatisation of three public utilities.
IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.
Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.
Ukraine’s interim government concluded negotiations in late March for an IMF loan, likely to carry wide-ranging conditionality.
Former Portuguese finance minister, dubbed "fourth member of the Troika" appointed to head IMF fiscal affairs department.