International

Private Sector

News

Support grows for “rules of game” but no action taken

Slow progress was made during the G7 finance ministers meeting in Tokyo in January on how to involve the private sector in crisis resolution.

15 April 2000

IFI governance

News

Bank refuses demand for open reform assessment

The World Bank has refused a request from the Bretton Woods Project to allow NGOs and others to give their opinions of the successes and failures of the Bank’s Strategic Compact reform initiative.

15 April 2000

Finance

News

UN Finance for development conference

It has been agreed that a high level United Nations meeting on Finance for Development will be held in 2001 involving political decision-makers at least at the ministerial level.

15 April 2000

IFI governance

News

Horst Köhler new IMF head

A vote by the IMF Board has confirmed Horst K

15 April 2000

IFI governance

News

G8 to G30

Michel Camdessus, former IMF Managing Director, has proposed that the G8 should be expanded to the G30, to include all countries represented on the IMF and World Bank boards plus representatives from the IMF, WB and UN institutions.

15 April 2000

IFI governance

News

IMF succession process “secretive and undemocratic”

More than 120 NGOs and academics in 38 countries demanded an end to the secretive and undemocratic process for appointing the IMF Managing Director.

15 April 2000

Social services

News

Health Commission set up

The IMF and World Bank will participate in a commission of eminent economists chaired by Jeffrey Sachs on Macroeconomics and Health.

15 April 2000

IFI governance

News

Ahmed makes a surprise move to IMF

In a surprise move, which has raised further questions about overlap between the Bank and the IMF, Masood Ahmed, World Bank Vice President responsible for poverty reduction has been appointed Deputy Director of the IMF’s policy department.

15 April 2000

Private Sector

News

Business and community guide

The IFC, in consultation with a number of private sector companies, NGOs, foundations and others, has compiled a draft guide for its clients on carrying out community development activities.

15 April 2000

Finance

News

Countries embark on PRSP process

Bolivia is the first country to have produced an Interim Poverty Reduction Strategy Paper (PRSP), which has qualified it for the enhanced HIPC Initiative debt relief.

15 April 2000

IFI governance

News

New Bank-NGO communications outputs

Following last year’s review, the Bank’s NGO Team is planning new communications products and tools for civil society groups.

15 April 2000

Conditionality

News

African heads warn against new conditionality

African heads of state met in Libreville, Gabon in January to discuss the economic agenda for Africa in the new millennium.

15 April 2000