IMF agrees to conditional participation in new Greek loan package and demands that the government maintains the suspension of collective bargaining despite rising inequality and decrease in wages.
Rights
Rights
News
IEO finds IMF follows "nebulous standard" on social protection engagement
IMF’s Independent Evaluation Office published evaluation on IMF and social protection and found that the IMF’s targeting approach does not ‘mesh well’ with UN’s human-rights-based approach.
Rights
News
IMF conditions weaken labour rights, World Bank labour policy inconsistent
March IMF policy paper advocates liberalisation and lowering of labour market protections although makes case for stimulus when there is 'available fiscal space'. World Bank displays inconsistent labour policy implementation. IMF U-turn on advice regarding Germany’s introduction of minimum wage.
Accountability
Analysis
IFC 3.0: superficial upgrades, same problems?
As the IFC sets out a new strategy, CAO and CSO reports have raised further criticism over its investment in financial intermediaries, and a new law suit challenges its immunity.
Rights
Background
Are governments and the Bretton Woods Institutions fighting inequality?
Notes of a 2017 IMF and World Bank spring meetings session on the BWIs and inequality, 21 April
Rights
Background
The New World Bank environmental and social framework: Implementation update
Notes of 21 April 2017 spring meetings CSPF session on implementation of new environmental and social framework.
Rights
News
Indonesian CSOs demand World Bank stop funding infrastructure funds
Indonesian organisations have demanded that the World Bank stops funding harmful infrastructure funds, highlighting impacts on the environment and indigenous communities.
Rights
News
World Bank-funded Kenya company targets complainants
Community representatives involved in a World Bank Inspection Panel complaint have been targeted with a court injunction by a Bank-funded company.
Conditionality
News
Peru CSOs demand World Bank accountability
Peruvian CSOs have raised concerns about the development of Peru's Country Partnership Framework in an open letter to the World Bank.
Environment
News
World Bank policy lending undermines climate goals
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.
