The debate on the roles of the Bank and Fund looks set to accelerate.
Conditionality
Conditionality
News
IMF Reviews Crisis Conditionality
An IMF team has started a review of the conditions it applied to bail out South Korea, Thailand, Indonesia and Brazil.
Conditionality
News
Imf Suspends Lending To Moldova
The IMF has suspended lending to Moldova because the parliament has refused to allow the state-run wine and tobacco industries to be privatized.
Rights
News
Anti-IMF And Bank Protest Tear-Gassed
In Malawi in May, a peaceful official demonstration, led by the Congress of Trades Unions, against IMF and World Bank reform policies and calling for the government to consider peoples’ needs before conceding to donors’ demands was broken-up by police with tear gas.
Conditionality
News
Chiluba attack on IMF
Zambian President, Fredrick Chiluba has blamed the IMF for Zambia’s economic problems, saying that the IMF’s reforms, advocated by rich countries, had brought unemployment and a rise in poverty levels.
Conditionality
News
Korean workers lawsuit against IMF thrown out
A South Korean court has rejected a lawsuit filed by a group of labour unions against the IMF for alleged policy mistakes.
Conditionality
News
African heads warn against new conditionality
African heads of state met in Libreville, Gabon in January to discuss the economic agenda for Africa in the new millennium.
Finance
News
Countries embark on PRSP process
Bolivia is the first country to have produced an Interim Poverty Reduction Strategy Paper (PRSP), which has qualified it for the enhanced HIPC Initiative debt relief.
Conditionality
News
Provocative report on IMF and World Bank reforms
A US Congress commission, which reported in March, called for major cut backs in World Bank and IMF activities.
Conditionality
News
IMF crisis conditions reviewed
A new review of IMF conditionality will assess the conditions applied to financial crisis countries, and recommend future approaches.
