Preliminary analysis of the Debt Sustainability framework, early June by US based CNES, points out that if implemented this proposal will emphasise the rights of creditors over all other development challenges, the attainment of the Millennium Development Goals (MDGs) included
Who will assess the assessments?
Civil society organizations remain concerned that impact assessments will not not deliver the desired outcomes.
Bank and Fund evaluation vindicates PRSP critics
The World Bank's Operations and Evaluation Department (OED) has just released the report of an evaluation they have conducted of the Poverty Reduction Strategy Paper approach.
New debt sustainability framework: too little, too subjective
Civil society groups welcome the intention but not the detail of a new IMF, World Bank framework for assessing countries’ debts and their potential to take on new lending.
New Bank adjustment policy a step backwards
The Bank has released a revised draft of its controversial 1992 structural adjustment policy. Comments…
Lula and Kirchner want IMF to relax its grip
A new initiative to rewrite the rules of engagement with the IMF could mark the biggest change in creditor-debtor relations in a generation.
Iraq and Ethiopia treatment shows debt relief double standards
The differing treatment given to Ethiopia and Iraq in debt relief suggest that geopolitical considerations are again outweighing internationally agreed criteria for fair debt cancellation.
IMF and poverty: strange bed fellows
The IMF's capacity and legitimacy to address poverty have been debated by many analysts within…
Brazil renews "unnecessary" IMF agreement despite opposition
Brazil and the IMF announced they would renew a financial arrangement at the end of the year, sparking new doubts about the methods and motives of Lula's government. The news came shortly after Rede Brasil, a network of Brazilian NGOs and social movements, urged the government not to sign.
BWI reform discussed at UN dialogues
The Financing for Development (FfD) process held its first high-level follow-up to assess progress over three days in New York, 28 - 30 October.