The Group of 24 Southern countries published a research paper on “Governance-related conditionalities of the International Financial Institutions”.
Due to a lack of information on impacts associated with adjustment reforms, there is still no discussion of realistic policy choices and trade-offs in Poverty Reduction Strategies, according to an Oxfam International letter sent to the heads of the Bank and Fund in December.
A study for the Strategic Partnership for Africa of eight countries provides a useful summary of experience to date with producing interim PRSPs.
An internal Bank report has concluded that the poor are better off without structural adjustment.
The World Bank has published a new strategy on governance.
In January, local and international NGOs wrote to the World Bank demanding actions to achieve genuine forest reform in Papua New Guinea (PNG).
After weeks of jockeying by the Argentinian government, the IMF and the US Treasury Department finally agreed to provide $18 billion to bailout Argentina’s troubled economy in November.
The US government has been forced to adopt legislation requiring it to oppose IMF and WB loans, which contain conditions for the imposition of user fees for primary education or primary health care.
As consultations on the World Bank’s disclosure policy move ahead, the Bank has taken steps which allow governments to withhold essential information to country stakeholders.
“I have a heart” pleaded Horst K