War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.
Jordan
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
Will IMF stick its head in the sand on human rights Guiding Principles?
UN releases Guiding Principles on human rights impact assessments of economic reforms, begging the question of how the IMF will respond.
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.
Environment
Analysis
Clean Technology Fund (CTF)
A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.
Environment
Analysis
Climate Investment Funds Monitor 14
New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.
Conditionality
Analysis
The IMF and Gender Equality: A Critical Analysis
The Bretton Woods Project has published a briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
Other news
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.
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.
Conditionality
Background
The IMF and World Bank policies and the Arab world’s transition economies
Notes from the Civil Society Policy Forum Session at the 2017 World Bank and IMF Spring Meetings on IMF and World Bank programmes in the MENA Region.
Conditionality
News
IMF approves new Jordan loan
New IMF loan programme to Jordan agreed with gendered conditions, while civil society express concerns about human rights and impacts on the lives of women.
Rights
Background
The Syrian migration crisis
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.
Conditionality
News
New BWP report on the IMF in MENA region
BWP report finds few signs of IMF policy-change in the MENA region post 2011.
Social services
News
Palestinian NGOs reject Red Sea-Dead Sea canal
In the wake of the April publication of the World Bank funded feasibility study of the Red Sea – Dead Sea canal, a coalition of 19 Palestinian organisations and three experts have rejected the plan and described the participation process as a “mockery”.