IFI Lending

Finance

News

Egypt reaches agreement for IMF programme, but proposals for debt relief are still lacking

Egypt’s new EFF program will likely deepen the country’s debt crisis, instead of helping improve its socioeconomic conditions.

8 December 2022

Finance

Commentary

Civil society organizations urge end to IMF surcharges to finance climate action instead

More than 300 organisations and individuals call upon the IMF to urgently address one of the most glaring and easily rectifiable contradictions between its stated support for a just transition and its actions by immediately ending its surcharge policy. 

22 November 2022 | Letters

IFI governance

Analysis

G24 communiqué analysis – Spring Meetings 2022

G24 finance ministers called for urgent global action to mitigate the effects of rising debt levels in emerging economies, and rising global food, energy and commodity prices.

25 April 2022

Environment

Commentary

IMF programme in Pakistan undermines renewable energy roll-out

Loan programme in Pakistan undermines country’s plans for low-carbon transition, as tax breaks on renewables and EVs slashed from IMF-mandated mini-budget.

6 April 2022 | Guest comment

Finance

Analysis

New IMF Resilience and Sustainability Trust (RST) – how to make it work for the Global South

RST must support low- and vulnerable middle-income countries to recover from the pandemic and tackle economic and climate-related structural challenges.

6 April 2022 | Guest analysis

Finance

News

IMF’s punishing surcharges strain Covid-19 response and recovery efforts

Civil society and economists unite in calls for IMF to abolish unethical and harmful surcharges on member countries that undermine financial stability and Covid-19 recovery.

9 December 2021

Finance

News

Tensions escalate between Argentina and the IMF ahead of crucial loan repayment deadline

Controversial loan from IMF could force country into severe spending cuts.

9 December 2021

Finance

News

Civil society frustrated by lack of substantive engagement in IDA20 replenishment process

Private sector first approach intact in IDA20 replenishment despite CSO recommendations.

9 December 2021

Conditionality

News

Will IMF policy advice align with new UNESCO Declaration on education finance?

IMF advice makes it challenging for countries to achieve education finance goals agreed at UN declaration.

9 December 2021

Finance

Analysis

Opportunity lost? IMF approach to Special Drawing Rights channelling risks wasting golden chance

Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.

30 September 2021