Morocco's $1.32 billion Resilience and Sustainability Trust loan comes with 'green conditions' which may facilitate neocolonial resource-grabbing and a European-led rush for ‘green’ hydrogen.
Incremental changes paper over deficiencies of status quo, as civil society calls for the radical change required to meet the moment.
The Group of 20 (G20) communiqué was published on 13 October. It focused on the consequences of the evolving debt situation, reaffirmed support for the much-criticised Common Framework and was silent on debt relief. The section on MDB reform meanwhile stressed ‘bigger’ rather than ‘better’ banks.
Divisions once again prevented the IMFC from issuing a communiqué. The chair issued a statement that promised much but delivered little, supporting a third Sub-Saharan African chair on the IMF’s executive board, but kicking key reforms like quota realignment and a discussion on surcharges down the road.
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.
One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
The UN expert on foreign debt has published a report critical of IMF and World Bank policies related to labour rights, claiming that the evidence does not support their pproach.
Marrakech working group calls on the BWIs to cancel the debt, stop imposing austerity and ensure a just energy transition.
Marrakesh was due to host 2021 meetings prior to announcement.
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.
A World Bank blog about the benefits of private schooling has been contravened by a UN committee and heavily criticised by civil society
BWP report finds few signs of IMF policy-change in the MENA region post 2011.
Sponsors: Arab NGO Network for Development (ANND); Bretton Woods Project; Middle East Task Force of…
The IMF facilities review reveals a lack of demand for post 2008 financial crisis lending instruments.
New America Foundation civil society event on subsidy reform in Arab countries, held in the civil society forum of the 2013 IMF/World Bank annual meetings