Draft adjustment policy not available yet (Bretton Woods Project)

Draft adjustment policy not available yet

The World Bank is in the final stages of revising its policy on structural adjustment. After consultations were held on an issue paper Bank staff are now drafting the policy itself. It is expected to be discussed by a subcommittee (CODE) of the Bank's Board at the end of October and finalised by the end of the year. Despite previous hints that the draft policy would be made public for comment the Bank has not yet formally committed to do so and has been vague on setting any timeline.

Adjustment policy delayed News|Bretton Woods Project|24 November 2003|update 37|url
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Rebranding adjustment: the World Bank and “development policy support lending” News|Bretton Woods Project|24 July 2002|update 29|url
The World Bank has issued a discussion paper for consultation before revising its operational directive on adjustment lending. Concerns over changes to the ceiling on policy-based lending and a shift towards less mandatory directives, as well as the conultation process itself, have been raised by NGOs. read article...