As countries resume debt payment obligations amid unequal pandemic recovery CSOs call for debt cancellation and a multilateral debt workout mechanism.
IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.
The country – reeling from the Russia invasion – owes a total of $22 billion to the IMF, World Bank and other international financial institutions.
Over 250 civil society experts urge the IMF to eliminate its punitive surcharges on countries in debt distress as they undermine an equitable economic recovery and exacerbate the global debt crisis.
Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.
G20 Common Framework left as the only multilateral mechanism for debt suspension, while private sector still refuses to engage.
Controversial loan from IMF could force country into severe spending cuts.
Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.
Open letter calls for an end to IMF surcharges that penalise middle-income countries, limit their capacity to respond to the Covid-19 pandemic and meet their human rights obligations.
Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.