Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.
IMF’s lending into arrears policy can be a way to break out of the debt restructure deadlock and provide the much-needed financing for countries in debt distress.
New IMF debt sustainability framework fails to alleviate concerns over transparency and overoptimism in midst of large-scale debt crisis, as countries face severe austerity and private lenders wait for bailouts.
Debt Justice's new report highlights urgent need for international debt workout mechanisms, as countries are forced to prioritise debt payments.
One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
As Jordan is engulfed in social unrest and political upheaval, questions are raised around the relationship between IMF conditionality and trends in instability.
BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on resource mobilisation in developing countries, in particular on Value-Added Tax.
Recent involvement in countries such as Afghanistan and Iraq has put World Bank and IMF post-conflict operations in the spotlight. While some believe multilateral finance is essential, others argue that the Bank and the Fund are acting primarily as pawns of powerful diplomatic and economic interests.
Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.
Notes from Civil Society Policy From event from April 12 2023, titled "IMF strategy on social spending: New direction or Band-Aid?"
Sponsors: Bretton Woods Project, Mott Foundation, Heinrich Boell Foundation-North America, Latindadd, Pacific Environment, International Rivers,…
Local farmers and agriculture activists in Sri Lanka have slammed World Bank intervention in the agricultural sector, saying it has caused the eradication of small-scale cultivation and resulted in high food prices, in particular rice and wheat.
Civil society groups in Sri Lanka reject claims that the PRSP represents a comprehensive consultation process.
Sri Lanka has launched a “fast-track” legislative process to intensify economic and social reforms, in order to secure new IMF and World Bank loans.
In August, Sri Lanka’s President Chandrika Kumaratunga was impeached on charges of violating the constitution.
Sri Lankan NGOs wrote to their President in May urging him to open up the annual Aid Group meeting at the end of May.