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 impacts
Conditionality
News
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
News
New directions for IMF?
“I have a heart” pleaded Horst K
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
News
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
News
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
News
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.
Conditionality
News
Nigerian parliament rejects IMF
In July, the Nigerian House of Representatives adopted a non-binding motion urging the federal government to suspend all activities in respect of an IMF standby loan until the conditions were made public.
Featured briefings
5 October 2023
World Bank and IMF Annual Meetings 2023
4 October 2023
The Bretton Woods Observer: Autumn 2023
4 October 2023
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.