Voting rights

Conditionality

Background

Workshop on aid and the roles of the World Bank and IMF in low-income countries

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

25 April 2007

IFI governance

Background

Highlights of UK NGO meeting with HM Treasury on IMF governance

Minutes of a consultation between UK NGOs and HM Treasury on IMF governance, 4 April 2007

23 April 2007 | Minutes

IFI governance

News

Are Wolfowitz's days numbered at the World Bank?

As one of the most tumultuous weeks in World Bank history draws to a close, it looks increasingly like president Paul Wolfowitz's days are numbered. Those who have called for his resignation now include his number two, managing director Graeme Wheeler, the Bank staff association, a who's who of the world's financial press, heads of key development thinktanks and myriad civil society organisations.

20 April 2007

Infrastructure

Background

Highlights of meeting with Tom Scholar and UK NGOs

Highlights of meeting between Tom Scholar and UK NGOs, April 2007

18 April 2007 | Minutes

Accountability

News

Calls for Wolfowitz to resign mount

Calls are mounting from all directions for the resignation of World Bank president Paul Wolfowitz, following his admission that he personally intervened in the pay rise and promotion of his girlfriend.

14 April 2007

IFI governance

News

Serbia pays out, Turkey next?

Serbia became the latest country to retire its debt to the IMF earlier than anticipated. The National Bank of Serbia paid out 15 March the final $230 million of debt that was not due for full repayment until 2010.

2 April 2007

IFI governance

News

Latest editions to the top of the heap

The latest top staff to take over at the Bank and Fund.

2 April 2007

IFI governance

News

Rocking the Fund governance reform boat

While IMF members continue to debate a decision on increasing basic votes and reforming the quota formula, questions are being raised about the approach of IMF management and major shareholders.

2 April 2007

IFI governance

News

Experts call for end to PRGF

An external committee of experts found collaboration between the World Bank and IMF seriously wanting, and recommended that the IMF withdraw from development finance. Taken with an earlier external report on Fund finances, it presents challenges to the Fund’s medium-term strategy.

2 April 2007

IFI governance

News

Putting the cart before the horse

The expert committee tasked with devising a solution to the IMF’s looming budget crisis proposed a set of technocratic fixes involving investing reserves and selling gold to fund an endowment, but explicitly ignored the Fund’s mission expansion and concurrent increase in administrative expenses.

20 February 2007