Civil society dialogue, spring meetings 2007 (12 April 2007) on the IEO Evaluation of the IMF and Aid to Sub-Saharan Africa
To date there have been gaps in the thinking and policy lines of UK NGOs on several key questions in relation to low-income countries, multilateral institutions and development. The 1 May 2007 workshop will bring the BWI-UK and UKAN networks together to address the following four questions, with a view to coordinating policy and advocacy positions: 1. What role do/should the IMF and World Bank be playing in the evolving international aid architecture? 2. Should the IMF be providing dev
This panel discussion addressed the pros and cons of fiscal space for infrastructure when infrastructure is trade-related, what they mean for current proposals by the World Bank and IMF on fiscal space, and the importance of an assessment that looks jointly at the trade and financial aspects on the grounds of poverty reduction, development and environment goals.
Sub-Saharan Africa: Outlook and Challenges; IMF-civil society dialogue, 13 April 2007
For the last several years the World Bank and IMF have squared off against governments, NGOs, UN agencies and even each other over the concept of ‘fiscal space’. This often nebulous and ill-defined term has caused much confusion. Nancy Alexander finds that at the heart of the matter is a difference of opinion over how and when governments should be allowed to invest in both infrastructure and basic services.
The World Bank-funded Commission on Growth and Development will hold workshops in New York on 'Growth and Some of its Micro and Macro Foundations' (April 9) and 'The Role of Leadership and Governance in Shaping and Implementing Growth Strategies' (April 10).
A report released by the Independent Evaluation Office (IEO) of the IMF criticises the role of the IMF in managing aid inflows to Sub-Saharan Africa, but fails to address more fundamental questions about the Fund’s role in low-income countries.
The IMF provoked public ire in Zambia by asking the government to remove value added tax exemptions on a range of goods, including mosquito nets used to fight malaria.
Newly elected Nicaraguan president Daniel Ortega and his Sandinista party are presenting two different faces to the IMF.
Newly elected Ecuadorean president Rafael Correa, announced in January that he would make early repayments of his country’s $33 million debt to the IMF.