Debt

Finance

News

CSOs call on World Bank and Fund to transform Debt Sustainability Framework

NGOs have called on the Bank and Fund to ensure that states’ basic needs, rather than just ability to pay, is incorporated in their review of the Debt Sustainability Framework used to assess low income countries.

29 June 2016

Finance

News

Taxes rise in Ghana as IMF loan approved

The IMF has approved the third disbursement of a loan agreement to Ghana, however, concerns were raised regarding associated tax rises.

5 April 2016

Finance

Analysis

Public-private partnerships: The global debt iceberg?

Despite their popularity, PPPs have a very bad track record of delivering cost-effective investment for governments, and pose additional and serious problems by reducing transparency and accountability.

29 June 2016 | Guest analysis

Finance

News

Third time a charm? Fund pressured into possible return to Greece

As Eurozone countries agree a new loan package to Greece, the IMF has conceded to ‘major concessions’ instead of up front debt relief and may participate in a new programme despite its insistence that the Fund's involvement in future programmes is dependent on ‘significant debt relief’.

29 June 2016

Rights

News

UN independent expert: "IMF programmes worsen income distribution"

A report by the UN independent expert on foreign debt, exploring inequality, financial crises and human rights, claims that IMF programmes are associated with a worsening of income distribution.

5 April 2016

Conditionality

Analysis

Debt bubbles “popping” in emerging economies

IMF and World Bank face up to slowing global economy, but downplay risks of new debt crises for low income countries

9 February 2016

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.

8 February 2016

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.

28 September 2015

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.

28 September 2015

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.

7 July 2015 | Guest analysis