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.
Voting rights
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.
Accountability
News
US legislators try to cut funding to IFIs
In late July, a US House of Representatives sub committee, now controlled by the Republican party, moved to slash funding to multilateral institutions.
IFI governance
News
IEO publishes draft issues papers on IMF advice, learning systems
Over the summer the Independent Evaluation Office of the IMF released draft issues papers for two forthcoming evaluations.
Accountability
News
IMF to spend $436 million on office refurb
The April IMF board approval of its budgets for the 2012 financial year (FY), and indicative budgets for FY2013-14, gave the first public insight into the amount the Fund plans to spend on refurbishing its offices.
IFI governance
News
European countries plot heist of IMF top job once again
As nominations close on the IMF leadership race it seems certain that European countries will trample over promises for "an open, merit-based and transparent selection process", and succeed in shoe horning French finance minister Christine Lagarde into the job.
IFI governance
Analysis
Question time for candidates! Public debate needed for IMF leadership post
The IMF still needs fundamental reform if it is to be relevant to the global economy of the 21st century and to operate in the interests of ordinary people all over the world. We believe there are 4 key areas where these candidates must answer questions and that these questions should be answered in a public debate among the candidates.
IFI governance
Commentary
More than 100 global campaigners call for fair appointment of IMF managing director
With the resignation of the International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn, a global coalition of campaigners has called for an open and merit-based process to elect the next IMF head.
IFI governance
News
Open letter to all Governors of the International Monetary Fund
Because of the resignation of Dominique Strauss-Kahn as IMF Managing Director, we are writing to urge you to push for the selection of the best candidate through an open, merit-based, transparent process, and the public support of the majority of the IMF membership, including developing countries.
IFI governance
Commentary
Campaigners demand fair selection process on Strauss-Kahn resignation
With the resignation of the International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn, a global coalition of campaigners has called for an open and merit-based process to elect the next IMF head.
