Debt

Social services

News

Short gives evidence on World Bank to UK parliamentarians

MPs on the International Development Select Committee questioned Clare Short on: debt, PRSPs, PSIA, Bank governance, social and environmental policies, privatisation of services, education and trade capacity building.

26 November 2002

Finance

News

HIPC debt relief still failing

A leaked IMF and World Bank report confirms the HIPC initiative is not delivering.

17 September 2002

Finance

News

Krueger sets out IMF latest on debt arbitration

IMF number two Anne Kreuger favours a so-called “institutional approach” for debt restructuring which involves establishing a Dispute Resolution Forum to bring all stakeholders together.

17 September 2002

Finance

News

IDA grants-loans controversy ends

A deal between the US and Europe means that 18 to 21 per cent of the World Bank’s International Development Association aid will now come in the form of grants rather than loans.

24 July 2002

Finance

News

G8: “Absolutely zilch” for Africa

Civil society organizations were disappointed by the outcome of talks at the G8 summit in Canada on an Africa Action Plan, HIPC and education.

24 July 2002

IFI governance

News

IMF role in debt arbitration disputed

Ministers at the Spring Meetings agreed that the IMF should not, except in “exceptional circumstances” provide large bailouts to countries in financial crises.

8 May 2002

Conditionality

Background

The Ugandan PRSP Experience

Meeting with Rick Rowden, RESULTS, 31 May 2002

8 May 2002 | Minutes

Finance

News

East Timor debt, adjustment fears

The first elected government in East Timor faces an estimated US $154-$184 million shortfall in its initial three-year budget.

8 May 2002

Conditionality

News

IMF in Argentina: “failed to learn the lessons of East Asia”

The number of pundits up in arms over the IMF’s handling of the crisis in Argentina continues to mount. The most recent selection includes Brazilian President, Henrique Cardoso, and ex-World Bank Chief Economist, Joseph Stiglitz.

8 May 2002

Finance

Analysis

Taken for granted? US Proposals to Reform the World Bank’s IDA Examined

US debt campaigners are siding with the Bush administration against European leaders and other NGOs over a key source of finance for the world’s 79 poorest countries. Discussions on the pros and cons of providing grants instead of loans through IDA appear deadlocked (March 2002).

25 March 2002 | Briefings