Voting rights


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IFI governance

Background

IMF resources: quota, NAB and GAB

One of the IMF's three roles is lending to members countries with balance of payments difficulties, using resources provided by its other members. Generally, these resources come in two forms: quota contributions tied to voting rights in the institution, and bilateral contributions which do not affect countries' voting rights.

7 February 2012 | Inside the institutions

IFI governance

News

DFID's multilateral funding questioned

The UK parliamentary Public Accounts Committee (PAC) has questioned the government's rationale for increasing funds to multilateral agencies, such as the World Bank.

21 November 2011

IFI governance

News

IMF still divided on gold sales windfall

The executive board of the IMF continued to disagree, in an early September discussion, on what to do with the $2.76 billion windfall profits from its 2009-10 gold sales.

21 November 2011

IFI governance

Background

Country classifications

A state's relationship with the IFIs and the type of assistance it receives is determined by its country classification. Some crucial types of classifications are: the World Bank's operational lending categories; the Bank's analytical categories used in the World Development Report; the IMF's operational and analytical categories, the IFC's frontier market category; the Bank's fragile state category; and the distinctions used by the Bank and IMF in deciding on and reporting success in governance

18 November 2011 | Inside the institutions

IFI governance

News

New World Bank corporate scorecard: adding value?

After discussions with the executive board and staff, but no public consultation, the Bank released a "corporate scorecard" in September, aiming to provide "a snapshot of the Bank's overall performance" to help "strategic dialogue between management and the board on progress made and areas that need attention."

18 November 2011

IFI governance

News

IMF may face resource shortfall, warns Lagarde

In late July, IMF head Christine Lagarde raised the prospect that the IMF simply does not have enough money to confront the possibility of major sovereign debt crises in Europe.

14 September 2011

IFI governance

News

World Bank lending falls by 20 per cent

The Bank announced in June that its commitments for the fiscal year ending 30 June, had fallen to $57.4 billion, from an all time peak of $72 billion last year.

14 September 2011

Accountability

News

Programmed for Results?

In August, the Bank released a policy paper and draft operational policy for its controversial new Program For Results (P4R) lending instrument, aiming to rush through its approval by the end of the year, despite significant concerns.

14 September 2011

Accountability

News

Scandals threaten IFI governance

With the new IMF head and a Bank’s managing director under judicial investigation, questions continue to be asked about IFI governance, while implementation of existing reforms remains slow.

14 September 2011

IFI governance

News

IFC weakens World Bank's transparency commitment

The new access to information policy at the International Finance Corporation (IFC), the World Bank’s private sector arm, has been criticised for being weaker than its public sector counterpart, and for allowing sweeping exceptions.

14 September 2011