On 14 April a high-level meeting of the UN Economic and Social Affairs Council (ECOSOC) was held with the World Bank, IMF and the WTO on "increased coherence, coordination and cooperation for the implementation of the Monterrey Consensus".
Conditionality impacts
Conditionality
News
Circling the wagons: World Bank-IMF-WTO coherence
The heads of the World Bank and IMF spoke to the General Council - the highest-level decision-making body of the World Trade Organisation - on 13 May on the benefits of increasing coherence between their respective agencies. Civil society groups counter that the use of the word 'coherence' is a ruse designed to bring countries in line with a set of flawed economic policies.
Conditionality
Analysis
Comments on ‘IMF Staff Note on Macroeconomic Programming for Poverty Reduction’
Civil society commentary on the 'IMF Staff Note on Macroeconomic Programming for Poverty Reduction'
Conditionality
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Weakest link or missing link?
In April, the IMF, the World Bank and the UK government organised a two-day workshop…
Rights
News
Trade and PRSP study
UK-based Christian Aid has commissioned the Overseas Development Institute to analyse the trade content of PRSPs.
Accountability
News
IFIs withhold support from Equatorial Guinea
The IMF and the WB will withhold assistance from Equatorial Guinea until President Obiang accounts for the use of oil revenues.
Conditionality
News
Ghana faces IMF arm-twisting
After the IMF intensified retaliatory measures on Ghana for failing to comply with its requirements, the country now appears eager to please the Washington institution, probably at a high social cost.
Rights
News
Bank in the middle of Cambodia, PNG forestry battles
Civil society groups in Cambodia and Papua New Guinea call on the Bank to exert its influence to curb violations of forestry codes.
Accountability
News
UK government reply to Baku-Ceyhan memo
Letter from Rt Hon Baroness Symons, UK Minister of State International Trade and Investment in response to NGO memorandum on the Baku-Ceyhan oil pipeline.
Conditionality
News
Baku Ceyhan: IFC delay, IMF pressure
The International Finance Corporation has indicated that its decision on whether to support the controversial Baku-Ceyhan oil pipeline will be taken in the third quarter of this year, not in April as had been expected.
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The IMF and World Bank talk good governance, but walk with state- capturers
From South Africa to Tunisia, Libya and Egypt, the Bank and Fund have demonstrated they are not appropriate allies to address the scale of the crisis the world is facing, especially, given their record.