EU

IFI governance

Analysis

Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…

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.

21 April 2020
Civil society groups call for the World Bank to stop financing fossil fuels outside its 2019 Annual Meetings in October

Environment

News

EIB rules out most fossil fuel funding from 2021, setting new benchmark for MDBs

New energy policy sees European Investment Bank end support for unabated coal, oil and gas from 2021.

12 December 2019
Illustration Observer Summer 2019

IFI governance

Analysis

Here we go again: Surprise IMF leadership change litmus test for its legitimacy

Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.

30 July 2019

Finance

Background

Taxing to Develop: International Taxation Challenges for Africa

Notes from the IMF and World Bank 2019 Spring Meetings official session on 14 April on international taxation challenges in Africa. 

18 April 2019 | Minutes

Rights

News

Labour in Greece: With friends like the IMF…

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.

27 September 2017

Conditionality

Analysis

IMF “rebuked” over role in Troika and its lending to Greece, Ireland and Portugal

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”.

23 September 2016

Conditionality

News

World Bank and IMF prepare Tunisia loan programmes

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.

5 April 2016

Social services

News

Troika in Cyprus: privatisation outrage

The Cyprus government nearly fell in February over IMF and European demands for the privatisation of three public utilities.

31 March 2014

Conditionality

Analysis

Greece: IMF fails to learn own "lesson on the economic impact of austerity”

IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.

25 September 2015

Finance

Analysis

Greece should default on its IMF loans

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.

7 July 2015 | Guest analysis

Conditionality

News

IMF embroiled in Ukraine crisis

Ukraine’s interim government concluded negotiations in late March for an IMF loan, likely to carry wide-ranging conditionality.

31 March 2014

IFI governance

News

Revolving doors: Portugal ex-minister appointed at the IMF

Former Portuguese finance minister, dubbed "fourth member of the Troika" appointed to head IMF fiscal affairs department.

31 March 2014