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International Finance Institutions
April 29, 2020
Learning from 10 years of campaigning on financial intermediary lending at the International Finance Corporation
Civil society organizations from around the world have been campaigning and advocating for a more responsible, human rights-oriented, and sustainable development finance model.Multilateral Development Banks (MDBs) lend money to governments and private actors in order to pursue determined developmen...
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March 17, 2020
Procedures for World Bank’s new accountability mechanism lacks transparency and inclusivity
In a press release issued early last week, the World Bank has announced that the review of its independent accountability mechanism, the Inspection Panel, has been completed and that a few major reforms were added to the Inspection Panel. Accordingly, a new accountability mechanism – an “expanded” ...
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February 24, 2020
India’s G-20 Presidency, Coronavirus and India and others: Snippets from the World of International Finance
1. Union Budget allocation for preparations of India’s G-20 presidency The Finance Minister of India announced an allocation of Rs.100 crore from the Union Budget, for the initial preparations for hosting the G-20 presidency meeting in 2022. It is also the 75th year of Independence for India. Th...
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January 23, 2020
Snippets from the World of International Finance
Government prepares  for more reforms to ensure India comes in the top 50 in ease of doing business rankings India currently occupies 63rd position in the rankings of the World Bank in doing business. Moving ahead 14 positions from 2018, it has been ranked among the top ten improvers in the last thr...
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October 26, 2019
People over business – Why Ease of Doing Business hurt people and environment 
In the last week, we saw two indices, which were released globally. One on hunger and another on Ease of Doing Business. India slipped from 95th position to 102nd position out of 117 countries in Global Hunger Index.[1] While the country gained another 14 points in Ease of doing business jumping fro...
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