Finance

WASHINGTON

Internal Audit Warns of IMF Politicisation by the U.S.

The International Monetary Fund (IMF)’s internal auditor has criticised the Fund’s recent policy on foreign currency reserves, and has offered an implicit warning that the United States’ outsized influence within the institution has resulted in policy that was insufficiently evidence-based.

Money for Salt: How the Country of the Young Is Failing Its Elderly

By Jinty Jackson

Carolina Poalo strikes the dry earth over and over with her hoe, her frail body bent almost double. She is determined to begin planting. During the long, dry season in Mozambique, she and her two young grandchildren have eaten little but cassava leaves.

Cash Grants Replace Food Aid for Niger Families in Need

By Ousseini Issa

When her name is called, Rékia Djibo leaves the group of women gathered in front of the school in Toula, and takes a confident step towards the door. Djibo is one of the recipients of a cash transfer from the World Food Programme here on the outskirts of the southwestern Niger city of Tillabéri.

Bangladesh ‘Fixes’ Grameen Microcredit

By Naimul Haq

Laboni Vhoumik’s lingerie manufacturing unit in the Gopai village of Noakhali district, about 180 km outside the capital, is a forceful argument in favour of the Grameen Bank microcredit model that fosters female entrepreneurship and also relies on it.