It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
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Middle East & North Africa
Conditionality
Commentary
An IMF bailout for Lebanon can make things worse
Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
Conditionality
News
Civil society raises alarm about IMF’s continued backing of austerity amidst pandemic
Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.
Knowledge
News
As World Bank pauses Doing Business Report, pressure mounts for it to be permanently scrapped
Civil society, trade unions and academics call for permanent end of Doing Business Report as World Bank suspends its publication due to data irregularities.
Finance
Analysis
The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
Conditionality
News
Uprising and discontent: Global protests erupt against IMF-backed policies
From Latin America to North Africa and the Middle East, governments experience backlash against IMF loan programmes and policy recommendations.
Rights
News
Tunisia Commission seeks reparations for human rights violations from IMF and World Bank
Bretton Woods Institutions found to share responsibility for social unrest leading to serious human rights violations.
Conditionality
Commentary
Strikes overturn wage cuts, but IMF blindness risks ruining Tunisia
General Secretary of Tunisia's largest trade union calls for an overhaul of the IMF's approach to bring about socially just expansionary policies, after strikes overturn IMF-backed wage bill
Other news
Private Sector
Background
Private sector accountability in times of crisis
Notes from the virtual Civil Society Policy Forum session on 29 March.
Gender
Background
Building a feminist recovery for all: Gender transformative policies are more urgent than ever
Notes from the Civil Society Policy Forum session on 1 October.
Knowledge
News
Doing Business Report to be published after temporary suspension over data irregularities
World Bank plans to publish latest DBR in March and undertake an external review of the report’s methodology.
Environment
News
World Bank cancels Bisri dam project in Lebanon after years of community resistance
Environmental groups and activists claim victory after years of campaigning.
IFI governance
News
World Bank and IMF delay Morocco’s hosting of Annual Meetings until October 2022
Marrakesh was due to host 2021 meetings prior to announcement.
Finance
News
Failure to lend to Venezuela and Iran once again raises questions around IMF’s political neutrality
IMF fails to respond to loan requests from Iran and Venezula as they struggle to respond to increasing Covid-19 cases and deaths.
Gender
Background
Cutting to the core: Rethinking the IMF’s way of doing business to tackle gender inequalities
Notes from the Civil Society Policy Forum panel event on 17 October on the IMF’s approach to gender.
Finance
Background
Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation
Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.
