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Newswire on the IFIs
- CSOs urge ADB to deny Philippine loan for E-trikes
- Head of Greek Church questions austerity, troika
- IMF official admits austerity is harming Greece
- Why is the State Department [and the World Bank] pushing coal on a tiny Eastern European country?
- World Bank's Program-for-Results loan instrument: good intentions?
- CSOs urge ADB to deny Philippine loan for E-trikes
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Policy Brief: G8 and IMF Hinder Aid for Zambia While Vultures Attack (September 2007) - KAIROS
For PDF, click here
This policy briefing from KAIROS - Canadian Ecumenical Justice Initiatives, a member of the Halifax Initiative Coalition, looks at the case of Zambia, and how it represents a prime example of an impoverished country betrayed by the failure of the Group of Eight to deliver promises of more aid and effective debt relief. This report chronicles how G8 promises of debt cancellation have been of little benefit to the poor due to a decline in Official Development Assistance and the International Monetary Fund’s obsession with low inflation and restrictive fiscal policies.
