Rights

Analysis

How IMF and World Bank support for financialisation undermines human rights

IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance

6 April 2022 | At Issue

Infrastructure

Analysis

World Bank announces support for CCUS in Nigeria despite criticisms it reinforces fossil fuel dependence

World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.

6 April 2022

Knowledge

News

World Bank’s re-labelled Business Enabling Environment Project does little to address substantial flaws of Doing Business Report

Civil society calls for urgent evaluation of Doing Business impacts as the World Bank announces a rebranded Business Enabling Environment Project, failing to address underlying issues.

6 April 2022

Finance

News

Ineffective G20 Debt Service Suspension Initiative ends as world faces worst debt crisis in decades

As countries resume debt payment obligations amid unequal pandemic recovery CSOs call for debt cancellation and a multilateral debt workout mechanism.

6 April 2022

Finance

Background

What are IMF surcharges?

This Inside the Institutions looks at the issue of surcharges, which are additional interest payments the IMF imposes on countries with large, outstanding debts to the IMF.

6 April 2022 | Inside the institutions

Finance

News

IMF capital control review: A missed opportunity to support a just recovery and stability

IMF review of institutional view on capital controls disappoints as it largely maintains the policy framework of its predecessor

6 April 2022

Finance

News

Argentine civil society denounces new IMF agreement as illegitimate

Civil society rejects new Agreement arguing IMF loan will be used to pay odious debt and result in reforms damaging to human rights.

6 April 2022

Gender

Commentary

Civil society statement regarding IMF's upcoming first-ever gender strategy

Civil society joint statement formulates a set of key policy asks grounded in a commitment to critically assess the gendered impact of the Fund’s conventional fiscal, monetary, and labour market policy advice.

18 March 2022 | Statement

Other news

IFI governance

News

Staff changes in key positions at the IMF reflect adherence to out-dated gentleman’s agreement

IMF announces leadership changes as Gita Gopinath promoted to First Deputy Managing Director, Pierre-Olivier Gourinchas named Chief Economist, and Nadia Calviño heads IMFC.

6 April 2022

Finance

News

Calls for Ukraine debt relief grow as IMF and World Bank provide fresh loans amidst crisis

The country – reeling from the Russia invasion – owes a total of $22 billion to the IMF, World Bank and other international financial institutions.

6 April 2022

Rights

News

Report implicates IFC investments in human rights abuses of Uyghur and other minorities in China

New CSO research alleges that IFC investments have contributed to forced displacement and labour, detention, and other human rights violations of Uyghurs and other minorities in Xinjiang, China.

6 April 2022

Finance

News

Civil society campaign urges IMF to stop using punitive surcharges

Over 250 civil society experts urge the IMF to eliminate its punitive surcharges on countries in debt distress as they undermine an equitable economic recovery and exacerbate the global debt crisis.

6 April 2022

Social services

News

Civil society hails IFC’s divestment from for-profit education provider Bridge International Academies

The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.

6 April 2022

Gender

Background

The Bretton Woods Project welcomes new gender project staff

BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.

6 April 2022 | Project news

Rights

News

Open letter UN Human Rights Council and UN Special Rapporteur on Disability Rights, Gerard Quinn

Letter from World Bank Disabled Support Group to UN Human Rights Council and UN Special Rapporteur on Disability Rights

9 December 2021 | Letters

Social services

News

Global Day of Action against the IMF and World Bank rejects corporate recovery agenda

Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.

9 December 2021