Simply Put: The IMF optimism

COP26: Africa’s challenges must steer the climate change conference

Africa carries the heaviest burden of the associated climate change effects

The World Bank and IMF are using flawed logic in their quest to do away with the informal sector

What’s put forward as pro-poor interventions in the reports in fact risk actively increasing inequality and further disadvantaging …

Climate disasters are becoming more frequent in west, central Asia than other regions: IMF

West and central Asia are hotspots for climate change due to their geographical setting, says new paper

India’s poverty: There is no end to Surjit Bhalla’s imagination

The IMF executive director has just declared that India was nearly free of extreme poverty in 2020 and inequality was lowest in 40 years due to …

Why African countries are reluctant to take up COVID-19 debt relief

Poor countries know that the debt markets are not favourable to them; they acknowledge the risk of being punished by existing creditors, …

India’s declining rural income pulls downs global economic growth: IMF

International Monetary Fund says downgrade of global economy due to India’s dipping growth rates

Why opposing the man Trump wants as head of the World Bank might just work

US President Trump’s nomination of his Treasury Undersecretary David Malpass to World Bank should be seen more as an opportunity by African …

US dollar’s grip on global markets might be over, warns Goldman

Years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, share of dollar in trade …

Justice league for people’s rights

In June 1979, an innovation in the field of law and politics came about in the form of Permanent Peoples’ Tribunal. The idea behind it is …

Need to ramp up vaccine supply for developing countries: Global task force on COVID-19

Heads of the World Bank Group, International Monetary Fund, World Health Organization and World Trade Organization met for the first time …

COVID-19: UNCTAD predicts $3.4 tln debt for developing countries

Income losses to exceed $220 bln in developing countries, says report 

Can Nigeria kill the fuel subsidy?

With nearly 5,000% increase in expenditure on petrol import subsidy, IMF and World Bank call for funds for education and health sectors

Bank’s first contest

Developing countries challenge US monopoly by putting up candidates for World Bank’s presidency

World bodies release new principles on cost-effective carbon pricing schemes

New World Bank Report states that carbon-pricing schemes are worth US $50 billion

Special Drawing Rights can help developing countries to build back greener

Sustainable recovery needs to trump politics at IMF to provide access to stable finance in accordance with climate goals

SDG commitments need financing, local monitoring: NITI Aayog

The National Indicator Framework, which monitors SDGs at the national level, did not include indicators for 36 out of the 169 targets, pointed …

Poor countries get a say in IMF

COVID-19 unlockdown is a challenge and an opportunity at the same time

It will generate medium-term challenges but also presents an opportunity to accelerate the shift to more sustainable and equitable growth

Zimbabwe pits currency against food price

The IMF’s $4 bln loan for South Africa: The pros, cons and potential pitfalls

The most important benefit is that South Africa is getting $4.2 billion at about 1.1 per cent interest. This is a very cheap source of funds

COVID-19: Developing countries in unprecedented debt situation

Demand for a ‘global debt deal’ picks up