Egypt

Rights

Commentary

Civil society calls on World Bank and IMF to safeguard civic space and prevent retaliation around Marrakesh Annual Meetings

To prevent repression and retaliation at their Annual Meetings in Marrakesh, World Bank and IMF must work proactively with MENA civil society and Moroccan authorities on safeguarding civic space and upholding free speech.

5 April 2023 | Guest comment

Environment

News

World Bank’s update on Paris alignment fizzles at COP27 as countries demand MDBs evolve to face climate emergency

Despite continued public rhetoric about importance of civil society engagement, Bank is yet to commit to holding a public consultation period on its Paris alignment approach.

8 December 2022

Finance

News

Egypt reaches agreement for IMF programme, but proposals for debt relief are still lacking

Egypt’s new EFF program will likely deepen the country’s debt crisis, instead of helping improve its socioeconomic conditions.

8 December 2022

IFI governance

Background

Coup d'états and political instability: The roles of national, regional, and international actors

Notes from a Civil Society Policy Forum on 12 October titled: "Coup d'états and political instability: The roles of national, regional, and international actors."

12 October 2022 | Minutes

IFI governance

Analysis

Spring Meetings 2022 Wrap-Up: Progress on key issues side-tracked by Ukraine invasion and BWIs’ own sense of drift

Spring Meetings conclude with frantic calls for stronger multilateralism, but few advances in key issues such as Covid-19 unequal recovery, debt, inequality and climate crises, while Russia participation prevents G20, G24 and Development Committee from releasing a communique.

26 April 2022

Finance

News

IMF’s punishing surcharges strain Covid-19 response and recovery efforts

Civil society and economists unite in calls for IMF to abolish unethical and harmful surcharges on member countries that undermine financial stability and Covid-19 recovery.

9 December 2021

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.

6 October 2020

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.

16 July 2020

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.

12 December 2019

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.

28 October 2019 | Minutes

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.

16 April 2019 | Minutes
Artwork by Robin Heighway-Bury

Conditionality

Analysis

The political cost of IMF programmes

As Jordan is engulfed in social unrest and political upheaval, questions are raised around the relationship between IMF conditionality and trends in instability.

27 July 2018