The International Monetary Fund and World Bank should use their spring meetings to deliver the G20’s promise to protect the world’s poorest countries from economic devastation, development agency Oxfam says.

UK government development secretary Douglas Alexander is set to unveil a British plan for radical reforms to the World Bank, aimed at making it focus on tackling poverty more effectively.

Money given by wealthy nations to help the developing world combat climate change should not be administered by the World Bank, says the UK-based international development agency Christian Aid.

The World Bank risks doing more harm than good, if it is allowed to continue attaching harmful economic conditions to its development loans, international development agency Christian Aid has warned.

Interfaith leaders from Latin America and the Caribbean have met with officials from three major global multilateral financial bodies to discuss ways of advancing the struggle for the MDGs and against poverty and inequality.

As world financial leaders gather in Washington DC for the annual joint strategy meetings of the World Bank and International Monetary Fund, Christian Aid is calling for an urgent rethink of the World Bank’s approach to tackling energy poverty.

As the World Bank reels from the Wolfowitz scandal and Tony Blair steps into the shadow of Prime Minister-in-waiting Gordon Brown, rumours abound that he is on the list to head up the international loans institution.

Staff and critics of the World Bank have reacted with fury to the news that controversial chief Paul Wolfowitz, accused of corruption, will leave at the end of June 2007 with the official blessing of the Bank's Board.

Peter Heslam argues that the corruption row surrounding World Bank chief Paul Wolfowitz taps into wider issues about money and development. Both the Bank and its critics have much to learn, he says.

A Catholic aid agency is calling on the World Bank board to demand President Paul Wolfowitz’s resignation in the wake of his alleged role in securing a promotion and a substantial pay rise for his partner.