A CSO report has found that the World Bank’s development policy lending is supporting incentives for fossil fuels in Egypt, Indonesia, Mozambique and Peru.
Finance
Finance
News
CSOs refuse to participate in World Bank PPP consultation
CSOs have refused to participate in a World Bank PPP consultation until transparency and accountability concerns are addressed.
Conditionality
News
IMF lending freeze “pushing Tunisia to the brink”
IMF freezes second payment of $2.8 billion loan to Tunisia, demanding accelerated reform programme despite concerns this will push Tunisia “to the brink”.
Finance
Background
Who pays for the Fund and the Bank?
This Inside the Institutions looks at the funds available to the IMF and the World Bank, including the origins of IBRD and IFC resources and an overview of the most recent changes in the IMF and IDA’s funding streams and mechanisms.
Finance
Analysis
IMF and debt restructuring: just talk?
An IMF staff blog has acknowledged weaknesses in IMF’s approach to debt sustainability, meanwhile civil society continues to demand human rights-based approach considering who bears burden of debt repayment.
Finance
Analysis
IFC investment in Stora Enso: the need for a responsible IFC tax policy
The International Finance Corporation praises the pulp and paper company Stora Enso as an industry leader in environmental and social standards, but questions about Stora Enso’s Dutch tax arrangement remain unresolved.
Finance
News
World Bank IDA18 to introduce increased reliance on capital markets
The World Bank's IDA18 replenishment raised $75 billion, with increased reliance on capital markets and launched new $2.5 billion private sector window through IFC and MIGA.
Finance
News
Doubts persist over IMF participation in new Greek programme
IMF claims it is does not advocate austerity as Greek finance minister accuses IMF of economising with the truth and pushing harmful and counterproductive reforms.
Finance
News
Ghana: political costs of structural adjustment
Ghana elected a new president who has pledged to review the country's IMF programme, which was criticised by civil society for its harsh impacts on the poorest.
Finance
News
IMF reconsiders new loan as Mozambique defaults
Mozambique defaults on its debt after IMF freezes loan. IMF reopens discussions on new loan programme but civil society concerned lessons are not learnt.
