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Finance

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

IFI governance

Analysis

IMFC communiqué analysis – Annual Meetings 2020

Analysis of the IMFC communiqué, issues on 15 October, from the 2020 World Bank and IMF virtual Annual Meetings.

21 October 2020

IFI governance

Analysis

Annual Meetings 2020 Preamble: IMF and World Bank frontload austerity and privatisation in Covid-19 recovery, while the world calls for more inclusive multilateralism

As the inability of Bank and Fund to adapt their policies in response to the Covid-19 pandemic becomes more evident, hope turns to the UN system and a radical restructure of the global international financial architecture.

12 October 2020

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

Finance

Analysis

Over optimistic IMF forecasts risk dire consequences for Covid-19 response

As G20 gears up to take critical decisions on international financial response to Covid-19, the consequences of overly rosy IMF forecasts are potentially more costly than ever.

6 October 2020

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

Rights

Analysis

Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic

Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.

16 July 2020
Kasimba Prinary School, Mpanda District, Katavi Region, Tanzania. August 2019.

Social services

News

The World Bank, Covid-19 and public education: two steps forward one step back

World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.

16 July 2020

Other news

Finance

Background

7 October 2020 | FAQ

What types of financing does the IMF provide?

The IMF provides various types of loans to member governments. This background article explains how IMF lending works and sets out the differences between the main types of IMF lending.

IFI governance

News

6 October 2020

Changes at the top for IFC and its accountability mechanism

IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.

Social services

Background

5 October 2020 | Minutes

World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19

Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.

Conditionality

Background

2 October 2020 | Minutes

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.

Accountability

Background

29 September 2020 | Minutes

Tracking the trillions: Emergency funds, corruption and making the Covid-19 recovery work for all

Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.

Finance

Background

28 September 2020 | Minutes

Covid-19 and debt: Going beyond debt suspension towards a systemic response to debt crises

Notes from the virtual Civil Society Policy Forum 28 September Session at the IMF and World Bank 2020 Annual Meetings on Covid-19 and debt.

Finance

News

16 July 2020

Argentina increases offer to bondholders after IMF claims “room for improvement”

Private creditors provided with IMF backing in Argentina negotiations as country enters into default.

Finance

News

16 July 2020

Failure to lend to Venezuela and Iran once again raises questions around IMF’s political neutrality

IMF fails to respond to loan requests from Iran and Venezula as they struggle to respond to increasing Covid-19 cases and deaths.