Over 170 parliamentarians worldwide have signed a petition demanding a greater role in scrutinising the operations of International Financial Institutions (IFIs) within their nations as a way to reassert the sovereignty of legislatures in parliamentary democracy.
The lower house of the Brazilian parliament is considering a bill which would require the appointment of posts in international organisations such as the Bank and Fund to receive confirmation by the senate.
fifth annual report to Parliament on UK operations at the IMF
On 20 April, the Parliamentary Network on the World Bank launched a working group on international trade.
Across sub-saharan Africa, good governance efforts depend on the strengthening of parliamentary democracy. In sharp contrast country relations with IFIs reveal weak parliamentary engagement.
Debate remains over the formulation and content of PRSPs. Many analysts suggest that they continue the trajectory of structural adjustment policies.
At a major conference in February parliamentarians from 70 countries demanded a greater say in approving national policy frameworks.
The Parliamentary Network on the World Bank (PNoWB) will hold its annual conference February 15-16 in Paris. Oversight of relations between governments, the IMF and the Bank by legislators is still insufficient in the North and in the South.
Key European politicians, campaigners and officials met in Brussels to discuss bolder strategies for global governance. They discussed a report by former Danish Prime Minister Poul Rasmussen which recommends significant reducing the roles of the World Bank and IMF.
On 6 November the International Development Committee of the House of Commons held an evidence session on World Bank/IMF issues