Countries, amounting to 90 per cent of voting rights, have given agreement to transfer their IMF allocations from gold sales to low income countries.
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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.
The IMF has approved Romania's precautionary stand-by agreement, but critics have questioned the pervasiveness of structural conditionality in the IMF's advice.
New America Foundation civil society event on subsidy reform in Arab countries, held in the civil society forum of the 2013 IMF/World Bank annual meetings
Pakistan’s education system has recently received enormous global attention however the increase in World Bank-backed investment in low cost private schools threatens to undermine recent government moves and the campaign to provide all children with free compulsory education.
The IMF's involvement in the Troika is again being questioned due to Greek loan unsustainability and lack of consensus amongst the Troika members, while citizens continue to challenge the conditionality of the programme.
Notes from a civil society forum on economic impact of IMF programmes in low-income countries, 10 October 2013
Forecasting models are crucial to how the Fund performs its role as lender and global economic monitor, but the assumptions underpinning these models are frequently derided as unrealistic.
A new World Bank Group strategy will be signed off at the 2013 annual meetings. It prioritises greater use of the private sector and “transformational engagements”, but criticisms continue over the Bank’s desire to tell countries what to do.
Drawing on case studies, reports and evaluations, Bruce Rich paints a picture of a Bank still inflicting suffering on vulnerable populations, and calls on Bank president Jim Yong Kim to show real leadership so that the Bank can learn from experience rather than flee from it.