Alternative progressive solutions reached by democratic and inclusive multi-sectoral dialogue.
Development Committee communiqué analysis – Annual Meetings 2020
Analysis of the Development Committee communiqué published on 16 October from the 2020 World Bank and IMF virtual Annual Meetings.
Pakistan resists IMF measures that could “push more people into poverty”
IMF programme would result in increased electricity prices and regressive consumer tax hikes amid rising cost of living.
World Bank power sector loan in Nigeria raises energy costs as economic crisis bites
As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.
Repairing harm caused: What could a reparations approach mean for the IMF and World Bank?
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
An IMF bailout for Lebanon can make things worse
Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
Civil society raises alarm about IMF’s continued backing of austerity amidst pandemic
Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.
The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
The IMF’s role in the devastating impacts of Covid-19 – the case of Ecuador
IMF-backed austerity measures starved health sector prior to pandemic, yet Fund continues to prescribe devastating long-term fiscal consolidation.
UN holds Pakistan to account for IMF programme impacts on women
Concerns raised about IMF conditions pushing women back into poverty and informal work.