IMF freezes second payment of $2.8 billion loan to Tunisia, demanding accelerated reform programme despite concerns this will push Tunisia “to the brink”.
Conditionality impacts
Conditionality
Analysis
Egypt’s new IMF deal comes with a huge price tag for human rights
After 4 years of on-off negotiation and public opposition, the government of Egypt has signed a loan deal with the IMF whose impacts civil society fears will encroach upon human rights, social protection and social provision, like health and education, upon which the poorest depend.
Conditionality
News
IMF approves new Jordan loan
New IMF loan programme to Jordan agreed with gendered conditions, while civil society express concerns about human rights and impacts on the lives of women.
Conditionality
Background
IMF and World Bank’s Influence on Economic Policy Making in Developing Countries
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, evaluating how well the World Bank and IMF have done on respecting the country ownership principle ten years after its international acceptance.
Conditionality
Analysis
IMF “rebuked” over role in Troika and its lending to Greece, Ireland and Portugal
IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.
Finance
News
IMF increasing its influence in sub-Saharan Africa
As the world economy continues to stutter, many sub-Saharan African countries are turning to the Fund for financial support, though the Funds are coming with strict conditions to restrict spending.
Conditionality
Analysis
Can the IMF leopard change its spots?
In-house IMF magazine article provokes worldwide reaction as it questions IMF’s policy assumptions on austerity, capital controls and ‘neoliberalism’ itself; but Fund backtracks following media criticism
Conditionality
News
IMF rule-change sustains lending to Ukraine
The IMF has changed its long-standing rule on lending to countries in arrears to official creditors, thereby avoiding having to cancel its $17.5 billion loan programme to Ukraine.
Conditionality
News
World Bank and IMF prepare Tunisia loan programmes
As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
Conditionality
News
New BWP report on the IMF in MENA region
BWP report finds few signs of IMF policy-change in the MENA region post 2011.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.