It’s a known fact that decisions of every Ministry is taken by the Prime Minister’s Office (PMO), which has officers responsible for each Ministry. For a population of 130 billion, one PMO, which earlier...
(How Public Banks are going to be privatised and land, labor reforms are being gradually pushed in the country) In a capitalist system, it is said that the market correct itself through the invisible...
IMF Chief Election Over 100 organisations across the world recently signed an open letter demanding an end to the ‘Gentleman Agreement,’ as per which only Europeans are selected as the Managing Director of the International...
The Resignation of IMF Chief, and Western Dominance in IFIs Christine Lagarde, IMF’s Managing Director, resigned this month after she was nominated to head the European Central Bank. She previously served as France’s finance minister during...
This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global...
IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF...
The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) was held in Washington DC this year with...
Yesterday Julian Assange, co-founder of Wikileaks, was arrested from the Ecuadorian Embassy in London, where he took refuge seven years back, after the Ecuadorian government’s withdrawal of asylum. Interestingly, exactly a month back, on...
The 10th BRICS (Brazil, Russia, India, China and South Africa) Summit was held in Sandton Convention Centre, Johannesburg, South Africa from 25-27 July 2018. Set up in 2009, in the aftermath of the 2008 global financial...
This workshop enabled discussions on IFI model of reforms in water supply services, including privatisation/ PPPs and commercialisation. The discussion also included the concepts of right to water and its implementation at the community...
While it is generally accepted that social protection is a core public service, the design of national systems is highly contested. There are two broad camps in the debate: one regards social protection as...
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and helping to...
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has...
Over fifty renowned economists, academics and development experts from across the world recently wrote to the Executive Board of the International Monetary Fund to express concern over the IMF “independent” evaluation of The IMF and social protection,...
Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fund to express their dismay about the general approach of the IMF to social security reforms that has...