In response to the external ESAF Review, the World Bank is to collaborate with the IMF in pilot projects in Nicaragua, Vietnam, Tajikistan, Ethiopia, Cameroon and Zimbabwe over the next 12-18 months.
Conditionality
Conditionality
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Brazil stabilisation means cuts for key donor projects
The IMF with multilateral banks and other donors has agreed a $41bn package to help Brazil fend off international currency speculators.
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ESAF review: new IMF strategy urged
More flexibility and a new approach was suggested in the external review of the Enhanced Structural Adjustment Facility (IMF loans to poorer countries) published in March.
Conditionality
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Trigger conditions explained
A country assistance strategy (CAS) identifies “high”, “base” and “low” case lending scenarios - which one a country initially receives depends on its economic prospects.
