In response to concerns that ruling party Golkar would misuse World Bank funds for election purposes, the Bank and IMF agreed in May to put new loans into a special Bank of Indonesia account.
East Asia & Pacific
The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson.
The Yayasan Duta Awam Foundation (YDA) has conducted a 15 month grassroots investigation of the Bank-financed Integrated Swamps Development Project.
MONLAR, a network of Sri Lankan people’s organisations, has written to the World Bank pointing out that social and equity issues have been overlooked, and democracy has been infringed in its pursuit of structural adjustment in Sri Lanka.
The worst fears of massive increases in poverty in Indonesia are “unfounded” according to a report by the World Bank, which draws on 3 new surveys on the social implications of the financial crisis.
At the end of February the World Bank and the Government of Korea hosted a conference entitled Democracy, Market Economy and Development.
The coordination, coverage and targetting of public works schemes in Indonesia, part of the Bank’s safety-net programme, has been poor, and resources have been diverted for other uses.
The World Bank has been criticised for taking too long to implement its safety-net programmes in Indonesia, and for failing to ensure that public works benefit the most needy.
IBON Foundation Inc. and BAYAN (New Patriotic Alliance) are organising a conference from 8-11th November to discuss alternative strategies and paradigms to neo-liberal globalisation.
The World Bank has established an East Asia Crisis working group to tackle some of the social aspects of the financial crisis.
A World Bank conference this July in Padang, Papua New Guinea, discussed “mining and the community in South-East Asia” but many NGOs known to represent mine-affected people were not invited.
Indonesian NGOs are setting up a major new campaign against the expansion of large-scale oil palm plantations in their country.