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.
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South Asia
IFI governance
Analysis
Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…
Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
IFI governance
Analysis
G24 communiqué analysis – Spring Meetings 2020
Analysis of the G24 communiqué released on 14 April.
Gender
News
UN holds Pakistan to account for IMF programme impacts on women
Concerns raised about IMF conditions pushing women back into poverty and informal work.
Knowledge
Analysis
Ease of Doing Business – what does it conceal?
As India has risen in the World Bank's Ease of Doing Business rankings, it has seen other key development indicators slip.
Infrastructure
Analysis
Local communities oppose planned dam construction supported by World Bank in Manipur
World Bank supports hydropower building spree in Manipur, threatening local communities’ livelihoods in the process.
Environment
News
Links between Amazon deforestation and World Bank exposed
IFC equity investment linked to development of key Brazilian transport corridor, leading to accelerated deforestation in the area.
IFI governance
News
Board decision could signal “vote of no confidence” in Inspection Panel
CSO fear World Bank board will compromise, undermining Inspection Panel powers.
Other news
Gender
Background
Advancing a feminist approach to women's economic inequality
Notes from the Civil Society Policy Forum panel event on 16 October on women's economic inequality and macroeconomic policy.
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.
Rights
News
IFC announces changes to environmental and social framework after loss of immunity in the US
IFC announces changes to environment and social safeguards after historic United States Supreme Court ruling.
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.
Finance
News
Pakistan requests 13th IMF loan, amid US-China tensions
As Pakistan requests an IMF loan amid concerns about its debt sustainability, the IMF response is caught up in China-US tensions.
Accountability
News
US Supreme Court hears oral arguments on challenge to IFC’s absolute immunity
Plaintiffs make case for ending IFC's 'absolute immunity'
Land
News
Potential Inspection Panel probe of Amaravati 'land grab' allegations deferred again
Panel received request to investigate allegations related to proposed World Bank loan in 2017.
Accountability
News
Indian fishing communities petition US Supreme Court to hear case against IFC
Indian fishing communities that claim to have been harmed by IFC investments seek to challenge its 'absolute immunity'
