New reports by Financial Transparency Coalition and Eurodad highlight uneven distribution of Covid-19 stimulus spending followed by socially painful fiscal austerity.

New reports by Financial Transparency Coalition and Eurodad highlight uneven distribution of Covid-19 stimulus spending followed by socially painful fiscal austerity.
The sovereign debt crises threatening states in the Global South are less about fiscal mismanagement and more about monetary power in the global currency hierarchy.
Egypt’s new EFF program will likely deepen the country’s debt crisis, instead of helping improve its socioeconomic conditions.
Chad has reached an agreement to restructure its nearly $3 billion of external debt, unlocking IMF financing, but the deal has been criticised for failing to reduce the country’s overall debt burden.
Nigerians set for higher energy bills amidst deep economic crisis as Bank pushes for removal of ‘inefficient’ energy subsidies.
A November 2021 report by the Center for Human Rights and Global Justice at New York University highlights the human rights consequences of the World Bank’s Maximising Finance for Development approach.
Debt Justice's new report highlights urgent need for international debt workout mechanisms, as countries are forced to prioritise debt payments.
RST must support low- and vulnerable middle-income countries to recover from the pandemic and tackle economic and climate-related structural challenges.
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
IMF review of institutional view on capital controls disappoints as it largely maintains the policy framework of its predecessor