Norway, Germany, IMF, WOrld Bank and experts discuss tackling tax evasion and capital flight.
A recent roundtable meeting shows that some progress has been made in official understanding of odious debt, but that the World Bank is remaining very cautious on the topic.
A coalition of over 70 US NGOs, including large labour unions, has written to Congress to demand that planned IMF gold sales pay for debt relief as well administrative expenses.
As the UN human rights council holds its seventh session in Geneva in March, a variety of recent reports calling for greater human rights accountability of the World Bank have been published.
Since Cristina Fernandez de Kirchner assumed the presidency in December the Fund has been involved with the renegotiation of Argentinean debt with the Paris Club and a controversy over official statistics.
The IFIs are struggling to catch up to global debates on odious debts and responsible financing; have failed to take action on vulture funds; and have been dragging their feet on debt relief programmes for Haiti and Liberia.
Tajikistan has gotten itself in hot water with the IMF over poor reporting of information while the country was borrowing money from the Fund.
The World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions.
Peru has indicated that it does not plan to renew its stand-by arrangement with the IMF when it expires next year. Turkey, the Fund’s largest borrower, is still debating is next move when its programme expires in May.
In late November, the UK released its third report on its relationship with the World Bank, disappointing in the coverage and depth of its analysis.