In August, the World Bank's Independent Evaluation Group (IEG) released its evaluation of the development results of the International Finance Corporation (IFC), finding that of the 627 projects surveyed, 59 per cent are claimed to have achieved a high development rating.
Aid
Finance
News
Fund loosens the aid noose … but just a little
After reviews of its engagement with low-income members the IMF is in the process of redesigning its programmes, but its recent changes on dealing with aid inflows have not satisfied critics of the Fund's inflexibility in allowing the scaling up of social spending.
Finance
Background
Growth Commission case studies unveiled
As a key part of its remit, the Commission on Growth and Development has identified twenty areas it deems crucial 'to furthering our understanding of long-term sustainable economic growth and development'.
IFI governance
News
UK Treasury to focus on IMF surveillance reform in 2007
In its annual report to parliament about the UK and the IMF, this year subtitled "Reform to delivery prosperity for all", the UK Treasury's most ambitious goal for 2007 is to revise the IMF's surveillance framework. While also setting out to build on the proposals for governance reform of the IMF, the report does not prioritise creating an open and merit-based process for selecting the managing director of the IMF, overhauling the transparency policy at the Fund, or grappling with the issue of w
IFI governance
Background
Highlights of BWI-UK / UKAN Workshop: The roles of the IFIs in low-income countries
Highlights/summary of outcomes for the 1 May 2007 BWI-UK / UKAN Workshop: The roles of the IFIs in low-income countries
Conditionality
Background
IEO Evaluation of the IMF and Aid to Sub-Saharan Africa
Civil society dialogue, spring meetings 2007 (12 April 2007) on the IEO Evaluation of the IMF and Aid to Sub-Saharan Africa
Conditionality
Background
Workshop on aid and the roles of the World Bank and IMF in low-income countries
To date there have been gaps in the thinking and policy lines of UK NGOs on several key questions in relation to low-income countries, multilateral institutions and development. The 1 May 2007 workshop will bring the BWI-UK and UKAN networks together to address the following four questions, with a view to coordinating policy and advocacy positions: 1. What role do/should the IMF and World Bank be playing in the evolving international aid architecture? 2. Should the IMF be providing dev
Infrastructure
Background
Highlights of meeting with Tom Scholar and UK NGOs
Highlights of meeting between Tom Scholar and UK NGOs, April 2007
Finance
Background
Civil society meeting with German Minister for Economic Cooperation and Development and Liberian Min
Minutes from meeting: The agenda of the Development Committee and Africa as a focal point for growth and responsibility, with Heidemarie Wieczorek-Zeul, Minister for Economic Cooperation and Development, Germany and Antoinette M. Sayeh, Minister of Finance, Republic of Liberia.
Finance
Background
The IDA replenishment
Every three years, a series of meetings is held to cajole rich countries into putting money into the coffers of the International Development Association.