New methodology fails to meet long-standing civil society calls to put needs of people before debt service.
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Greece
Rights
News
Will IMF stick its head in the sand on human rights Guiding Principles?
UN releases Guiding Principles on human rights impact assessments of economic reforms, begging the question of how the IMF will respond.
Finance
News
Greece exits loan programme as impacts of Troika-led austerity are revealed
As Greece exits eight-year loan programme from the Troika, new study shines light on damaging impact of Troika-imposed austerity on country’s health outcomes.
Rights
News
Labour in Greece: With friends like the IMF…
IMF agrees to conditional participation in new Greek loan package and demands that the government maintains the suspension of collective bargaining despite rising inequality and decrease in wages.
Infrastructure
News
Azerbaijani Laundromat to sully Bank’s reputation?
Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.
Finance
Analysis
IMF and debt restructuring: just talk?
An IMF staff blog has acknowledged weaknesses in IMF’s approach to debt sustainability, meanwhile civil society continues to demand human rights-based approach considering who bears burden of debt repayment.
Infrastructure
Analysis
The rise and fall of World Bank funded megaprojects
The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.
Finance
News
Doubts persist over IMF participation in new Greek programme
IMF claims it is does not advocate austerity as Greek finance minister accuses IMF of economising with the truth and pushing harmful and counterproductive reforms.
Other news
IFI governance
Background
Sovereign debt restructuring: options, obstacles and opportunities
Notes of a meeting on sovereign debt restructuring at the World Bank-IMF annual meetings 2014
IFI governance
Background
After SCOTUS: Next steps in sovereign debt restructuring
Notes of a meeting on sovereign debt restructuring after SCOTUS at the World Bank-IMF annual meetings 2014
Accountability
Background
Global financial regulations and their Impact on major campaigns
This event was a collegial information-sharing and strategy session to explore the linkages between financial regulations and grass roots campaigns.
