In January, local and international NGOs wrote to the World Bank demanding actions to achieve genuine forest reform in Papua New Guinea (PNG).
Conditionality impacts
Conditionality
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Argentine bail-out causes more hardship
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.
Conditionality
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US rejects user fees
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.
Conditionality
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IMF and WB conditionalities may be kept secret
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.
Conditionality
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Nigerian union takes IMF and Bank to court
In October, the Academic Staff Union of Universities (ASUU) asked the High Court in Lagos to declare as illegal, pressures by the World Bank and the International Monetary Fund (IMF) on President Olusegun Obasanjo to implement their economic policies on Nigerians.
Conditionality
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Revision of IMF conditionality guidelines
The focus of the IMF’s internal review of IMF conditionality has expanded in the light of IMF Horst K
Conditionality
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Bank procedure changes
The World Bank has confirmed that it will tie its Country Assistance Strategies into the Poverty Reduction Strategy Papers by 2001.
Conditionality
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Russian u-turn on IMF conditionality
In September, Russia reimposed energy sector controls to force Russian oil companies to sell some of their product on the home market, only months after it removed them to comply with IMF conditionality.
Conditionality
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Don’t dictate policy, Turkey tells IMF
In September, Turkish Prime Minister, Bulent Ecevit, told the IMF not to dictate policies after further protests erupted in Istanbul and the southern city of Adana.
Conditionality
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Bolivians appeal for end to conditions
The worsening social and economic crisis in Bolivia, has led to several weeks of riots, according to The Bolivian Foro Jubileo 2000, which appealed to the international community and the Paris Club, which met in October, not to impose any new adjustment conditions.