Rights

News

Debt arbitration mechanism weakened

28 January 2003

Private creditors oppose the proposed “sovereign debt restructuring mechanism” (SDRM) and the Fund seems ready to further dilute a plan that NGOs already considered flawed.

Rights

News

Cambodian catch-22

The World Bank is considering withholding funds from Cambodia in response to government moves against Global Witness, an independent monitor of the forestry sector.

28 January 2003

Environment

News

Complaints panel finds major problems in Coal India mines

An official report has found that villagers in Eastern India, have suffered harm to their livelihoods as a result of a Bank-backed coal mining project.

28 January 2003

Social services

Commentary

The Fund or the people?

Mulima Kufekisa Akapelwa, Economic Justice Programme Coordinator for the Catholic Centre for Justice, Development and Peace, says that IMF-forced privatisation leads Zambians to ask who their government answers to.

28 January 2003 | Guest comment

Finance

News

Fund deal with Argentina

After over a year of stalled negotiations, the G7 in mid-January strong-armed the IMF into signing an agreement that will roll over $6.6 billion of Argentina's debt.

28 January 2003

Conditionality

Analysis

Indispensable or unworkable? The IMF’s new approach to conditionality

The IMF says that streamlining will make conditionality more efficient, effective and focused. Careful scrutiny suggests there is still plenty to question in the new approach.

28 January 2003 | At Issue