15 June 1999
A leaked May 1999 draft Bank review of structural and sectoral adjustment loans severely criticises their treatment of environmental and social issues.
The Bank’s Environment Department is working with its country teams to develop “best practice” on greening Country Assistance Strategies (CASs).
The Yayasan Duta Awam Foundation (YDA) has conducted a 15 month grassroots investigation of the Bank-financed Integrated Swamps Development Project.
The Bank is due to decide in the next few weeks whether to support the Chad-Cameroon oil pipeline.
The World Bank’s Operations Evaluation Unit recently criticised Bank loans for Health, Nutrition and Population (HNP).
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
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.
