World Bank and IMF: do they really want better aid?

July 18th, 2008, by Nuria Molina

While governments are struggling to get an agreement on the third draft of the Accra Agenda for Action (AAA), the World Bank and the IMF are blocking the negotiations in a number of issues, including progress on conditionality – according to some rumours. They are not alone in this business, as they count on the active contribution by representatives from Japan, the US or even Canada at times.

Conditionality, predictability of aid, and the use of country systems in aid delivery are three of the issues which they seem to be blocking the most. Progressive proposals on these issues have been tabled and are being discussed. But the IMF and the World Bank are not keen in supporting progress on these fronts. To the contrary, they seem to be blocking agreement on more ambitious wording on these issues in the AAA.

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