Ahead of the 2023 Annual meetings of the World Bank and IMF, 96 civil society organizations supported the release of a joint statement calling on the Bank and IMF to change their social protection policies and practices. The group of signatory organizations urged the IMF and the World Bank to commit to realizing the right to social security, end poverty-targeted programs in countries without universal coverage, support equitable and sustainable public systems, and to halt austerity measures that threaten rights.
We restated our concerns with the start of the 2024 Spring Meetings, in an open letter to World Bank and IMF executive directors, proposing four measures to realize the right to social security.
Human rights, faith-based, and economic justice organizations including the Arab Renaissance for Democracy and Development (ARDD) wrote to the World Bank Group (WBG) and the International Monetary Fund (IMF) Executive Directors to express concerns that the WBG and the IMF are failing to support States in realizing the human right to social security for all. The letters were sent in the framework of the Spring Meetings of the Boards of Governors of the IMF and the WBG that are taking place from April 15 to 20, 2024, in Washington DC.
To read the letter press here
