Bretton Woods Observer
Opportunity lost? IMF approach to Special Drawing Rights channelling risks wasting golden chance
Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.
World Bank’s plans for Indonesia: Delayed action on climate and continued coal and gas support
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its…
IMF rhetoric and practice on public sector wage constraints: Advice to slash spending continues despite Covid-19 pandemic
Forthcoming research from ActionAid International shows IMF’s dogmatic support for public sector wage bill cuts continues.
New IMF climate strategy seeks to radically expand its climate work – amid concerns about its approach
Strategy proposes adding up to 95 new staff to boost Fund’s capacity to work on climate issues, as civil society…
Time for action: How can IMF help countries use their SDRs for crisis recovery?
If the Special Drawing Rights allocation is to benefit the poorest and most vulnerable, decision makers must use SDRs to respond to the pandemic and its economic consequences.
World Bank and IMF´s gender analysis of VAT falls short
IFI’s initial analysis of gender impact of VAT still at odds with civil society calls and evidence.
Pressure mounts for an end to IDA’s Private Sector Window as IDA20 negotiations continue
Civil society and academics call for scrapping of Private Sector Window in IDA20 and the reallocation of resources to support public sector responses to the pandemic.
World Bank’s new Accountability Mechanism: One step forward…?
Mixed reactions on new World Bank Accountability Mechanism as civil society welcomes incorporation of dispute resolution function but is concerned about possible erosion of Inspection Panel independence.
New US treasury guidance introduces limits for US support for fossil fuels at World Bank
Civil society voices concern about continued support for fossil gas under the policy.
Former Ghana national oil company head links World Bank’s Sankofa guarantee to gas power plant deals
Alex Mould says guarantee included commitment to sign four ‘take or pay’ contracts with independent power producers.
Global civil society achieves significant victory as World Bank discontinues contentious Doing Business Report
Significant victory for global civil society and movements as World Bank ends Doing Business Report
IMF increases limits of its concessional lending facility, leading to warnings from debt activists
Concessional lending from the IMF reaches record levels with the new reforms set to increase lending further.
Nigerian CSO denounces increase in energy tariffs linked to World Bank-backed reforms
World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.
