Category - World Bank

IMF and World Bank called upon to deliver on G20 promises

agency reporter — Wed, 22 Apr 2009 15:01:10 +0100

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.

Britain to argue for radical reform of World Bank

staff writers — Mon, 23 Feb 2009 09:44:02 +0000

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.

Climate change help should not go via World Bank, says aid agency

agency reporter — Wed, 09 Jul 2008 09:29:17 +0100

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.

Government urged to withhold World Bank funding

staff writers — Thu, 13 Dec 2007 01:00:19 +0000

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.

Latin American and Caribbean faiths meet banks to talk anti-poverty action

agency reporter — Mon, 03 Dec 2007 09:51:08 +0000

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.

Christian Aid calls for major re-think on World Bank power policy

staff writers — Fri, 19 Oct 2007 08:16:43 +0100

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.

Blair mooted as possible future World Bank chief

staff writers — Sat, 19 May 2007 01:11:33 +0100

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.

Wolfowitz's soft escape infuriates World Bank critics

staff writers — Fri, 18 May 2007 09:26:20 +0100

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.

Flirting with corruption at the World Bank

Peter Heslam — Tue, 15 May 2007 13:57:15 +0100

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.

Aid agency calls on World Bank to ditch Wolfowitz

staff writers — Fri, 20 Apr 2007 10:48:59 +0100

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.