Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
Finance
Finance
News
IFC's (ir-)responsible tax investment policy
Civil society organisations have demanded that the IFC develop a responsible tax policy that ensures that IFC investments are consistent with its development mandate and do not support companies utilising aggressive or abusive tax practices.
IFI governance
Background
UK civil society meeting with DFID: Annual meetings and IDA
Notes of a UK CSO meeting with DFID on the annual meetings and the IDA process 23 September 2016.
IFI governance
Background
Recurring debt crises in sub-Saharan Africa and the rise of bond issuance
Notes from a side event at the IMF/World Bank 2016 annual meetings launching a new report on bonds issuance in Nigeria, Zambia and Ghana, followed by a panel discussion on government bonds as a debt issue.
IFI governance
Background
The role of IFIs in assessing the impact of tax incentives and tax competition on inequality
Notes from a side event at the IMF/World Bank 2016 annual meetings exploring the link between tax incentives, reduced revenue mobilization and inequality, as well as addressing tax capacity building efforts.
IFI governance
Background
Stopping vulture funds through national anti-vulture laws
Notes from a side event at the IMF/World Bank 2016 annual meetings exploring the issue of vulture funds from various angles, as well as possible solutions.
Finance
News
World Bank withholds new lending for Uganda
The World Bank has announced that it is withholding new lending for Uganda, following the cancellation of a criticised road project.
Infrastructure
News
World Bank suspends Inga dam funding
The World Bank has suspended funding for the much criticised Inga 3 hydro power project in the Democratic Republic of Congo.
Conditionality
Analysis
IMF “rebuked” over role in Troika and its lending to Greece, Ireland and Portugal
IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.
Finance
News
IMF increasing its influence in sub-Saharan Africa
As the world economy continues to stutter, many sub-Saharan African countries are turning to the Fund for financial support, though the Funds are coming with strict conditions to restrict spending.
