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.
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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.
Concessional lending from the IMF reaches record levels with the new reforms set to increase lending further.
Government states that $346 million loan jeopardised “the country’s sovereignty and economic interests.”
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.
This Inside the Institutions provides an overview of one of the World Bank’s most controversial types of lending, Development Policy Financing, and outlines some key critiques of the instrument.
Civil society calls for policy package to meet Covid-19 ‘just recovery’ needs.