Conditionality

Finance

News

IMF's continued VAT push inconsistent with rhetoric on progressive taxes

As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.

10 December 2020

IFI governance

Analysis

Development Committee communiqué analysis – Annual Meetings 2020

Analysis of the Development Committee communiqué published on 16 October from the 2020 World Bank and IMF virtual Annual Meetings.

21 October 2020

Conditionality

News

Pakistan resists IMF measures that could “push more people into poverty”

IMF programme would result in increased electricity prices and regressive consumer tax hikes amid rising cost of living.

10 December 2020

Conditionality

News

World Bank power sector loan in Nigeria raises energy costs as economic crisis bites

As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.

6 October 2020

Rights

Analysis

Repairing harm caused: What could a reparations approach mean for the IMF and World Bank?

It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.

6 October 2020 | At Issue

Conditionality

Commentary

An IMF bailout for Lebanon can make things worse

Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.

6 October 2020 | Guest comment

Conditionality

News

Civil society raises alarm about IMF’s continued backing of austerity amidst pandemic

Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.

6 October 2020

Conditionality

Background

Fiscal space for universal health and social protection post Covid-19 pandemic: How to prevent austerity

Notes from the Civil Society Policy Forum Session on 2 October.

2 October 2020 | Minutes

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.

16 July 2020