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South Asia

Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka. read more background...

Items 1 to 10 of 74

Why the IMF must cancel Pakistan's debt

Comment|Dr Fayaz Ahmed|19 September 2013|url

This year, Nawaz Sharif will take over as Pakistan's new prime minister with expectations of a 'new' vision for the country. Alongside development and economic issues, Sharif's new government will also be tasked with tackling the debt repayments that the country is scheduled to make in the next two years and beyond in a $6.64 billion IMF loan agreement that was approved in September. read article...

Indian protests against IFIs

News|Bretton Woods Project|26 June 2013|update 86|url

Indian civil society coalition the People's Front against International Financial Institutions held a People's Forum and demonstrations against the annual meetings of the Asian Development Bank (ADB) in Delhi in early May. read article...

Pakistan needs to borrow "to repay IMF"

News|Bretton Woods Project|25 June 2013|update 86|url

In late June, finance minister Ishaq Dar informed Pakistan's national assembly that the government "will have to go to the IMF" in order to repay current outstanding loan instalments to the Fund. read article...

Indian NGO faults IFC energy project

News|Bretton Woods Project|8 April 2013|update 85|url

A November field study by Indian NGO the Research Collective has found that an International Finance Corporation (IFC, the Bank's private sector arm) supported coal-power plant run by GMR Kamalanga Energy Limited (GKEL), financed through a financial intermediary, has caused water pollution in the Odisha region. read article...

IMF "onslaught" on Pakistan's economy

News|Bretton Woods Project|13 February 2013|update 84|url

Pakistan must radically change its economic strategy, and raise Rupees 360 billion ($3.67 billion), 1.5 per cent of its GDP, before the Fund will agree to a new programme. read article...

Pakistani PM's son-in-law new World Bank ED

News|Bretton Woods Project|13 February 2013|update 84|url

The Pakistani prime minister Raja Pervaiz Ashraf controversially appointed his son-in-law Raja Azeemul Haq as World Bank executive director (ED) in December replacing current ED Javed Talat whose term had expired. read article...

Pakistan loan talks despite debt cancellation calls

News|Bretton Woods Project|6 December 2012|update 83|url

Talks between the IMF and Pakistan under post-programme monitoring resumed in September. Despite confidence amongst Pakistan officials in their country's capacity to repay its loans, the IMF fears the need for a second loan early next year read article...

World Bank back in on Padma bridge project?

News|Bretton Woods Project|2 October 2012|update 82|url

The World Bank has decided to reengage with Bangladesh's Padma bridge project after it suspended its promised $1.2 billion loan last year over allegations of corruption in the consultant selection process read article...

World Bank rejected by Indian NGOs

News|Bretton Woods Project|3 July 2012|update 81|url

An early June statement from 26 social movements and NGOs in India have called the World Bank's plans for civil society consultation on the Bank's country assistance strategy (CAS) for India a "farce". read article...

IFIs must "engage with the Burmese people"

News|Bretton Woods Project|5 April 2012|update 80|url

Civil society groups from Burma have written to the heads of the IMF and World Bank requesting that the IFIs involve grass roots actors in their newly revived activities in Burma and that their operational policies "guarantee maximum transparency, accountability, social inclusiveness and safeguards". read article...

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Memorandum to the International Development Committee: Inquiry on the Future of UK Development Cooperation  26 June 2013

The Doing Business review: a test of World Bank leadership 24 June 2013

Climate Investment Funds Monitor 7: April 2013  25 April 2013

Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience  24 April 2013

The UK's role in the World Bank and IMF: Department for International Development and HM Treasury  13 March 2013

World Bank on jobs: a "significant departure" or "business as usual"? 13 February 2013


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