IFI Lending

Finance

News

Malawi’s cash-gate scandal

The IMF has restarted its programme in Malawi after alleged looting of government money in 2013, releasing a $20 million disbursement. NGOs have voiced their dissatisfaction with the IMF, as well as the government over the failure to publish an audit upon which Fund's decision was based.

27 February 2014

Finance

News

Program-for-Results review launched

The Bank is launching a review of the controversial Program-for-Results instrument which was approved in early 2012.

27 February 2014

Conditionality

News

The Troika “hellhound” bites back in Greece

Troika mulls new loan while Greek government touts economic success story but economic, health and human rights conditions deteriorate. Lagarde admits “miscalculations” occurred in Greek loan, while European parliamentary committee blasts Troika as unaccountable and illegitimate.

27 February 2014

Finance

Analysis

BRICS Bank: New bottle, how’s the wine?

Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.

27 February 2014 | At Issue

Finance

Background

IMF lending facilities to low-income countries

The IMF has reformed lending facilities for low income countries, introducing three credit facilities; the Policy Support Instrument, a non-financing programme will monitor the mechanisms with a review expected in 2015.

27 February 2014 | Inside the institutions

Finance

News

World Bank guarantees policy reform

The World Bank publishes draft of a proposed new operational policy on guarantees.

26 February 2014

Finance

Analysis

The IFIs in 2013: year in review

The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.

8 January 2014 | Review

Finance

News

IMF secures funding for LICs

Countries, amounting to 90 per cent of voting rights, have given agreement to transfer their IMF allocations from gold sales to low income countries.

3 December 2013

Finance

News

World Bank trust funds database criticised

A World Bank website purporting to give more transparency on Bank group trust fund datasets has been labelled by a freedom of information website are not reader friendly.

2 December 2013

Finance

News

Romania's new IMF loan conditionality criticised

The IMF has approved Romania's precautionary stand-by agreement, but critics have questioned the pervasiveness of structural conditionality in the IMF's advice.

2 December 2013