Macroeconomic policy

Conditionality

News

Civil society raises alarm about IMF’s continued backing of austerity amidst pandemic

Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.

6 October 2020

Conditionality

Background

Fiscal space for universal health and social protection post Covid-19 pandemic: How to prevent austerity

Notes from the Civil Society Policy Forum Session on 2 October.

2 October 2020 | Minutes

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.

16 July 2020

Conditionality

Analysis

The IMF’s role in the devastating impacts of Covid-19 – the case of Ecuador

IMF-backed austerity measures starved health sector prior to pandemic, yet Fund continues to prescribe devastating long-term fiscal consolidation.

16 July 2020 | Guest analysis
CEDAW Committee member Hiroko Akizuki discusses impacts of IMF conditionality on women in Pakistan at the 75th session of the CEDAW Committee.

Gender

News

UN holds Pakistan to account for IMF programme impacts on women

Concerns raised about IMF conditions pushing women back into poverty and informal work.

7 April 2020

Gender

News

Letter to IMF Managing Director Kristalina Georgieva on women's rights and gender equality

Over 60 civil society organisations call on the IMF to focus on the harmful impacts of its own policy advice on women's rights and gender equality.

18 February 2020 | Letters

Conditionality

Analysis

IMF and World Bank complicit in ‘austerity as new normal’, despite availability of alternatives

UN organisations build consensus on need to expand fiscal space, as IMF and World Bank continue to push austerity.

12 December 2019

Finance

Background

Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation

Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.

16 April 2019 | Minutes

Conditionality

Commentary

Unsustainable? The IMF’s approach to the Sustainable Development Goals

As the IMF publishes new SDG site, meaningful policy realignment remains lacking while business-as-usual continues at IMF.

4 April 2019 | Guest comment