Notes from the virtual Civil Society Policy Forum session on 29 March.
Middle East & North Africa
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
World Bank plans to publish latest DBR in March and undertake an external review of the report’s methodology.
Environmental groups and activists claim victory after years of campaigning.
Marrakesh was due to host 2021 meetings prior to announcement.
IMF fails to respond to loan requests from Iran and Venezula as they struggle to respond to increasing Covid-19 cases and deaths.
Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.
Civil society, trade unions and academics call for permanent end of Doing Business Report as World Bank suspends its publication due to data irregularities.
Notes from the Civil Society Policy Forum session on 1 October.
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.
From Latin America to North Africa and the Middle East, governments experience backlash against IMF loan programmes and policy recommendations.