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Finance

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

Finance

Analysis

What is left of the rise of the South?

While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.

5 April 2016 | Guest analysis

Finance

News

IMF reopening case for capital controls?

An IMF policy paper on the international monetary system considers its future policy on capital controls and proposes a review of the IMF's institutional view on the liberalisation and management of capital flows.

5 April 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

Finance

Analysis

China goes global with development banks

This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.

5 April 2016 | At Issue

Finance

News

IMF to add China’s currency to SDR basket

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.

8 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

Other news

Finance

News

29 June 2016

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.

Finance

News

29 June 2016

World Bank and AIIB sign joint co-financing agreement

The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.

Finance

Background

18 April 2016 | Minutes

Global Infrastructure Forum: Perspectives from new development finance institutions

Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.

IFI governance

Background

17 April 2016 | Minutes

IMF Fiscal Forum - International Taxation: Opportunities & Risks

Finance

Background

16 April 2016 | Minutes

The Role of The World Bank and IMF in responsible and progressive taxation

Finance

Background

14 April 2016 | Minutes

Political economy of structural reforms

Notes from an official event at the IMF/World Bank 2016 spring meetings on the political economy of structural reforms.

Finance

News

5 April 2016

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.

IFI governance

News

9 February 2016

World Bank’s risk rating record for policy lending slammed by internal evaluator

A report by the World Bank’s Independent Evaluation Group has criticised the Bank’s track record in rating the risks of development policy loans.