Human rights

Finance

News

IMF's continued VAT push inconsistent with rhetoric on progressive taxes

As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.

10 December 2020

IFI governance

Analysis

Annual Meetings 2020 Preamble: IMF and World Bank frontload austerity and privatisation in Covid-19 recovery, while the world calls for more inclusive multilateralism

As the inability of Bank and Fund to adapt their policies in response to the Covid-19 pandemic becomes more evident, hope turns to the UN system and a radical restructure of the global international financial architecture.

12 October 2020

IFI governance

News

Delays in Inspection Panel eligibility decision in Nepal risk “irreversible damage”

Panel yet to rule on case filed in April despite receiving consultant's report.

10 December 2020

Conditionality

News

Pakistan resists IMF measures that could “push more people into poverty”

IMF programme would result in increased electricity prices and regressive consumer tax hikes amid rising cost of living.

10 December 2020

Accountability

Analysis

IFC and MIGA must ‘walk the accountability walk’ on the road mapped by independent review

Implementation in full of the independent review of IFC, MIGA and CAO is essential if institutions are to meet persistent accountability and remedy gaps.

6 October 2020

Rights

Analysis

Repairing harm caused: What could a reparations approach mean for the IMF and World Bank?

It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.

6 October 2020 | At Issue

Social services

Background

World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19

Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.

5 October 2020 | Minutes

Accountability

Background

Tracking the trillions: Emergency funds, corruption and making the Covid-19 recovery work for all

Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.

29 September 2020 | Minutes

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.

16 July 2020

Conditionality

Analysis

The IMF’s role in the devastating impacts of Covid-19 – the case of Ecuador

IMF-backed austerity measures starved health sector prior to pandemic, yet Fund continues to prescribe devastating long-term fiscal consolidation.

16 July 2020 | Guest analysis