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).
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
