On 6 April 2011 the International Monetary Fund is meeting in Washington DC to discuss for the first time how to spend a $3 billion windfall from selling gold and lending more money since the financial crisis.
Opinion is divided about how far the International Monetary Fund (IMF) has gone in its proposals for how to make the banks pay for the crisis, says Owen Tudor. For some, it has taken some unexpectedly radical steps forward, but for others it has not yet produced an adequate solution.
The World Council of Churches has welcomed the initiative by the G7 industrialised nations which pledged this past weekend to write Haiti's debts off. It has also called on the IMF and others to follow suit.
The Jubilee Debt Campaign has urged the total cancellation of Haiti’s international debts following the recent earthquake. Two-thirds of the country's debt was cancelled last year, but Haiti still owes $641 million.
Nicaraguan President-elect Daniel Ortega has announced that he will this week call on the International Monetary Fund (IMF) to relax its stringent policy towards Nicaragua in order to be able to tackle endemic poverty and hunger.