Recent weeks have further clarified how the World Bank and the IMF are planning to…
Middle East & North Africa
Short assessment of key issues and decisions at Dubai annual meeting.
Likely agenda items for the WB/IMF Annual Meetings 2003
The World Bank is to play a role in drawing up the national budget for Iraq and possibly in managing a reconstruction trust fund.
The Spring Meetings of the Bank and Fund in mid-April saw sparring between US and European ministers over when and how the institutions might get involved in Iraqi reconstruction. Discussions there and subsequently have focussed on assessments of the economic and development situation, oversight of oil revenues, debt relief and reconstruction finance.
The World Bank plans to back a dam in Mazandaran province, Iran.
The World Bank has provided US$12m in grants to Palestine to help offset the effects of the economic crisis caused by the Israeli blockade.
On 30 November Friends of the Earth Middle East lodged a complaint on the International Finance Corporation (IFC)’s role in the Jordan Gateway Industrial Estate Project.