The IMF and Ghana have reached a long-anticipated loan agreement.
Ghana
Finance
News
Ghana under pressure: IMF loan feared
Fierce debate in Ghana over whether to turn to the IMF for support, as its economic growth and debt profile come under pressure. IMF warns on risks to Ghana’s “transformation agenda” and whole region’s debt levels and growth
Conditionality
News
IMF moved on from structural adjustment?
Concerns in existing and prospective borrower states about the appropriateness and efficacy of IMF-sanctioned reforms under lending and precautionary agreements.
Environment
Analysis
Clean Technology Fund (CTF)
Clean Technology Fund (CTF) funding approvals continue to rise, including private sector projects for geothermal energy. Revisions for investment plans were approved for Nigeria and the MENA region, with Libya added as a new country.
Environment
Analysis
Forest Investment Program (FIP)
Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.
Environment
Analysis
Scaling up Renewable Energy Program (SREP)
Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.
Social services
News
A poor diagnosis: the World Bank’s health record
World Bank health financing benefits wealthy elites not poorest according to new IEG evaluation and Oxfam analysis
Finance
Analysis
Ghana and the IMF – a window into Africa’s future?
Ghana's recent turn to the IMF raises questions about the 'Africa rising' narrative and may signal a stronger role for the Fund in the region.
Social services
Analysis
Going, going, gone?
IFC accused of “McDonaldisation” of education, with investment in low-fee private schools, despite evidence of negative impacts on inequality.
Knowledge
News
Education for all?
World Bank president, Jim Yong Kim has put global education on his priority list, however major ideological differences are emerging between education coalitions about whether this should be delivered through a private or public model.
IFI governance
Background
The private sector and poverty eradication
This session gave an overview on the links between private sector and healthcare provision in tackling poverty.
Knowledge
News
IFC hotel investment: "corporate welfare"
The International Finance Corporation (IFC), the World Bank's private sector arm, has come under fire for approving a $26 million loan to Saudi Arabian prince Al-Waleed bin Talal to build a luxury hotel in Ghana.