Civil society calls for policy package to meet Covid-19 ‘just recovery’ needs.
Panel yet to rule on case filed in April despite receiving consultant's report.
As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength.
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
Alternative progressive solutions reached by democratic and inclusive multi-sectoral dialogue.
The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.
As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.
World Bank and other MDBs fail to sign on to general declaration as multilateral leadership on solutions to climate, debt and inequality crises remains inadequate.
IMF programme would result in increased electricity prices and regressive consumer tax hikes amid rising cost of living.