US Congress yet to approve World Bank’s proposed capital increase agreed in 2018.
Technical assistance is a form of non-financial assistance provided by the IMF with the aim of improving the implementation of economic policies. Technical assistance accounts for about one-quarter of the IMF's operating budget, of which approximately two-thirds of total technical assistance goes to low income and lower-middle income countries.
In October 2012, the Tunisian government submitted a draft bill to the Constituent Assembly to shape a legal and institutional framework favourable to public-private partnerships (PPP).
The session focused on the World Bank's development strategy, poverty eradication goals, global inequality, and the threat of climate change.
This panel discussion reflected on the major sustainability challenges facing the World Bank through exploring two World Resources Institute areas - a portfolio analysis on 2012 projects, and the interaction between country systems and World Bank safeguard approaches.
Minutes of an open roundtable with EDs that occurred during the 2013 spring meetings.
This session will bring together experts from labour, development and business organizations to highlight issues and perspectives that need to be part of the review of these influential rankings.
This paper critically assesses the appropriateness of the Bank-housed Climate Investment Funds (CIFs) as a model for the Green Climate Fund (GCF). It takes proposals and recommendations by civil society groups and uses them as benchmarks to analyse the CIFs. It finds that in terms of institutional arrangements the CIFs have achieved some notable progress, however, in operations and performance there are serious concerns.
Civil society groups have challenged Bank plans to rush through a new lending instrument, Program-for-Results, that would mean safeguards or equivalent standards no longer apply to a major portion of Bank lending. Meanwhile, a secretive review could strip the Bank's accountability bodies of their independence and safeguards could be scaled back for projects deemed "low risk".
In March, the World Bank launched its new Africa strategy, outlining three main areas in which it will focus its operations: competitiveness and employment, vulnerability and resilience of citizens, and governance and public sector capacity.