The IMF has confirmed that China’s currency, the remnimbi or yuan, will be included in the IMF’s calculation of its international reserve asset from October 2016.
Finance
Finance
News
IMF contemplates returning to Greece ... again
The IMF has confirmed its participation in negotiations for the third Greek loan programme since 2010, seeking debt relief, privatisation and pension reform. The IFC has invested €150 million in Greece's four main banks.
Infrastructure
News
Report calls on the World Bank not to invest in Kosovo power plant
A report has cast further doubts on the viability and efficiency of the proposed lignite coal power plant in Kosovo which the World Bank is considering supporting.
Knowledge
Background
Lurking behind plummeting oil prices: Advancing structural adjustment
Notes from a meeting at the IMF/World Bank CSO Forum at the 2015 Annual meetings, focusing on macroeconomic challenges for the MENA region.
Finance
News
UN vote supports calls for independent debt crisis response mechanism outside the IMF
UN votes in favour of accepting new principles to guide sovereign debt restructuring, as CSO report warns of risk of new crises linked to aid and multilateral lending.
Finance
Analysis
Greece should default on its IMF loans
Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.
Finance
News
Nepal denied IMF disaster debt relief
The IMF in June denied Nepal support under its Catastrophe Containment and Relief Trust, following the earthquake in April.
Rights
News
Calls for World Bank safeguards without “policy dilutions”
CSOs have raised concerns about the World Bank’s safeguards review as the next phase of the consultation is set to be launched.
Rights
News
World Bank fails to support project critics
Concerns have been raised about the safety of critics of World Bank projects and the adequacy of the Inspection Panel, as a new Bank grievance mechanism has been launched.
Finance
Analysis
UN Financing for Development: the Fund and Bank's role & influence
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
