Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.
If the Special Drawing Rights allocation is to benefit the poorest and most vulnerable, decision makers must use SDRs to respond to the pandemic and its economic consequences.
CSO launches call for the fair channeling of Special Drawing Rights.
Concessional lending from the IMF reaches record levels with the new reforms set to increase lending further.
Civil society and academics call for scrapping of Private Sector Window in IDA20 and the reallocation of resources to support public sector responses to the pandemic.
On 23 August, the IMF finalised the allocation of $650 billion worth of SDRs to its member states. CSOs outline in a joint statement how the UK should seize this opportunity.
Mario Valencia of Latindadd explains the context of ongoing protests in Colombia following proposed tax increases from the IMF.
IDA20 must take urgent action to ensure tangible support for economic transformation and decent jobs, and the establishment of a social protection fund.
Notes from the Civil Society Policy Forum session on 26 March.
Government states that $346 million loan jeopardised “the country’s sovereignty and economic interests.”