Brazil and the IMF announced they would renew a financial arrangement at the end of the year, sparking new doubts about the methods and motives of Lula's government. The news came shortly after Rede Brasil, a network of Brazilian NGOs and social movements, urged the government not to sign.
Conditionality impacts
Conditionality
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Official report confirms PRSP criticisms
A report produced by the Bank and Fund for their annual meetings reflects on the continuing problems with implementing the lofty goals of Poverty Reduction Strategy Papers.
Conditionality
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Bolivian PRGF a “blind alley”
A new report by Bolivian NGO CEDLA shows that despite a new emphasis on civil society participation and poverty alleviation, the core policies attached to IMF loans have not changed.
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Draft adjustment policy not available yet
The World Bank is in the final stages of revising its policy on structural adjustment.…
Conditionality
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IMF’s response to crisis “inadequate”
A new report by the IMF Independent Evaluation Office (IEO) highlights mistakes in the handling of three major financial crises in the late 1990s (Indonesia, Korea and Brazil).
Social services
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SAP protests still raging: Latin America examples
A summary of recent protests against IMF-imposed structural adjustment programmes in Latin America.
Conditionality
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IMF transparency still lagging on crucial issues
The Executive Board of the IMF met to discuss a revision of its procedures towards more transparency. While the IMF assimilates transparency efforts in the past few years to a ‘revolution’, critics point to major shortcomings hampering public scrutiny of IMF operations
Conditionality
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World Bank and IMF forcing privatisation: new report
Privatisation imposed by the World Bank and the IMF can be harmful to the most…
Conditionality
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Debt relief money diverted in Nicaragua
A new report shows that debt relief in Nicaragua is only partly going to poverty reduction.
IFI governance
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High-level UN meeting debates IFI governance
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".