IMF and World Bank face up to slowing global economy, but downplay risks of new debt crises for low income countries
The IMF has confirmed its participation in negotiations for the third Greek loan programme since 2010, seeking debt relief, privatisation and pension reform. The IFC has invested €150 million in Greece's four main banks.
UN votes in favour of accepting new principles to guide sovereign debt restructuring, as CSO report warns of risk of new crises linked to aid and multilateral lending.
Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.
The IMF in June denied Nepal support under its Catastrophe Containment and Relief Trust, following the earthquake in April.
Notes from a meeting on Ebola during the World Bank spring meetings.
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
As Greece agrees a loan extension which excludes an IMF contribution, commentators condemn the impact of IMF's previous loan conditionalities on the Greek economy.
The IMF has approved a $17.5 billion loan arrangement for Ukraine, however, it has been criticised for relying on debt forgiveness by its creditors.
Despite heated debates about the consequences of Syriza’s win in Greece and the IMF's stance on debt reduction, the question of debt sustainability remains central to the country’s economic future.