Sign-On Letter to the IMF’s Managing Director Calling for Concrete Policy Reforms – New Rules for Global Finance Coalition


NewsProgram UpdatesSign-On Letter to the IMF’s Managing Director Calling for Concrete Policy Reforms

Sign-On Letter to the IMF’s Managing Director Calling for Concrete Policy Reforms

24 April 2009

Mr. Dominique Strauss-Kahn

Managing Director

International Monetary Fund

700 19th Street NW

Washington, DC 20431

Dear Mr. Strauss-Kahn,

During the G20 meeting in London on April 2, the Declaration on Delivering Resources through the International Financial Institutions stated support for a:

“doubling of the IMF’s concessional lending for low income countries and a doubling of access limits, within the Debt Sustainability Framework (DSF). We have committed, consistent with the new income model, that additional resources from agreed sales of IMF gold will be used, together with surplus income, to provide $6 billion additional concessional and flexible finance for the poorest countries over the next two to three years. We call on the IMF to come forward with concrete proposals at the Spring Meetings.”

In anticipation of the Spring Meetings, 25-26 April, in Washington DC, we call on members of the IMF’s International Monetary and Financial Committee and the World Bank-IMF Development Committee as well as any IMF committee tasked with developing proposals to fulfill on the G20 commitment, to ensure the following reforms are incorporated in the final proposal:

  • The IMF must phase out those activities outside its areas of core competence such as those of the Poverty Reduction and Growth Facility (PRGF). The IMF does not have a mandate for, or competence in, the long-term development of low-income countries. IMF resources channeled through the PRGF and from the proceeds of gold sales should support grant assistance or debt relief and be directed to an appropriate aid mechanism. The IMF’s Policy Support Instrument (PSI) should also be phased out, in order to end the IMF’s monopoly on ‘signaling’ to donors whether or not developing countries warrant support.
  • The IMF must eliminate harmful conditions linked with its loan programs and other instruments. The IMF should end its tradition of requiring countries to implement contractionary policies in economic recessions. For instance, the IMF should ensure that expanded investment in health and education are not subjected to overall budget caps and that subsidies that cushion the impact of the crisis on poor people are not eliminated. The IMF has made progress toward eliminating wage bill ceilings as conditions for lending, but it should stop this practice entirely. In addition, the IMF should stop directing countries to engage in privatization of services or financial sector liberalization through its loans and other instruments.

We also urge the IMF to open its consultations with Ministries of Finance to include Ministries of Health, Education and Development, pertinent parliamentarian committees with oversight on all related matters and civil society, in the development and finalization of proposals to ensure that going forward, IMF policies support countries’ efforts to scale up investments and access to quality health and education for all.

Sincerely,

  • ActionAid International, Malawi
  • Action Group for Health, Human Rights and HIV/AIDS (AGHA), Uganda
  • Act Up-Paris, France
  • Actwid Kongadzem NGO, Cameroon
  • Africa Action, USA
  • African Council for Sustainable Health Development (ACOSHED), Nigeria
  • African Forum on Alternatives, Senegal
  • Africa Public Health Alliance & 15% Campaign, Nigeria
  • Afro Global Alliance, Ghana
  • Aid for AIDS International, USA
  • AIDES, France
  • AIDS Action Foundation, St. Lucia
  • AIDS & Rights Alliance for Southern Africa, Namibia
  • AIDS Vaccine Advocacy Coalition, USA
  • Aktion Finanzplatz Schweiz (AFP), Switzerland
  • Albanian Association of PLWHA
  • Alianza Social Continental Capitulo Perú / Peruvian Chapter of the Hemispheric Social Alliance, Peru
  • Alliance Sud / Swiss Alliance of Development Organisations, Switzerland
  • Ambassadors of Change, Kenya.
  • American Public Health Association, USA
  • Amigos Siempre Amigos (ASA), Dominican Republic
  • Andhra Pradesh Vyavasaya Vruthidarula Union (APVVU), India
  • Association African Solidarité, Burkina Faso
  • Asociaciȯn Latino Americana de Micro, Pequeños y Medianos Empresarios / Latin American Association of Micro, Small and Medium Enterprises, Mexico
  • Association HIV.LV, Latvia
  • ATTAC TOGO
  • Bharatiya Krishak Samaj (BKS) (Indian Farmers’ Organisation), India
  • Caribbean Vulnerable Communities Coalition, Jamaica
  • Center for Sustainable Health and Development, Pune, India
  • Center on Mental Health and HIV/AIDS, Tajikistan
  • Centre for Civil Society Economic Justice Project, University of KwaZulu-Natal, Durban, South Africa
  • Centre for Economic Governance and AIDS in Africa (CEGAA), Central, East and Southern Africa
  • Centre for Health Sciences Training, Research and Development (CHESTRAD), Nigeria
  • Centro de la Mujer Peruana Flora Tristán, Peru
  • Children Education Society (CHESO), Tanzania
  • Christian Aid, UK
  • CILSIDA, Togo
  • Civil Society Trade Network of Zambia (CSTNZ)
  • Coalition of Agricultural Workers International (CAWI), Malaysia
  • Coalition PLUS, France-Morocco-Mali-Québec/Canada-Ecuador
  • Comité Regional de Promoción de Salud Comunitaria – Latin America
  • Community Initiative for Tuberculosis, HIV/AIDS and Malaria plus related diseases (CITAM+), Zambia
  • Confederação Nacional dos Trabalhadores na Agricultura (CONTAG), Brazil
  • Confederación Ecuatoriana de Organizaciones Sindicales Libres (CEOSL) / Ecuadorian Confederation of Free Trade Union Organizations
  • Congress of South African Trade Unions (COSATU)
  • Coordinadora Andina de Organizaciones Indigenas (CAOI) / Andean Coordination of Indigenous Organizations, Colombia, Ecuador, Peru, Chile, Bolivia, Argentina
  • Cordaid, Netherlands
  • Consumidores Por El Desarrollo, Peru
  • Ecuador Decide
  • Egyptian Foundation for Research and Development
  • EMPOWER, India
  • Equal Opportunities, Tajikistan
  • Equal to Equal, Kazakhstan
  • Essential Action, USA
  • Eurasian Harm Reduction Network (EHRN), Lithuania
  • European AIDS Treatment Group (EATG), Belgium.
  • Family Care International, USA
  • Federacion Latinoamericana de Asociaciones de Familiares de Detenidos Desaparecidos (FEDEFAM), Venezuela
  • Forum For African Women Educationalists, Sierra Leone
  • Forum Francophone de lutte contre la TB/VIH (based in Burkina Faso)
  • Frente Social y Popular del Paraguay
  • Gender Action, USA
  • Gerak Lawan / Indonesian People’s Movement Against Neocolonialism-Imperialism
  • Ghana Coalition of NGOs in Health
  • Ghana Trade and Livelihoods Coalition (GTLC)
  • Global Action for Children, USA
  • Global AIDS Alliance, USA
  • Global Health Advocates / Avocats pour la Santé dans le Monde
  • Good Samaritan, India
  • Grupo Este Amor, Dominican Republic
  • Grupo Português de Activistas sobre Tratamentos de VIH/SIDA (GAT), Portugal
  • Halifax Initiative, Canada
  • Health Alliance International, USA
  • Health Connections International (HCI), Netherlands
  • Heal the Land Initiative, Nigeria
  • Health GAP (Global Access Project), USA
  • Health NGOs Network (HENNET), Kenya
  • Health Workforce Advocacy Initiative (HWAI)
  • Horizon Environnement Santé (HES), Benin-Switzerland-USA
  • Human Development Trust, Tanzania
  • Humanity for Orphans, Youth and Widows Initiatives, Kenya
  • INERELA+ Asia/Pacific, India
  • Institute for Policy Studies, Global Economy Project, USA
  • International Civil Society Support, Netherlands
  • International Community of Women Living with HIV/AIDS – East Africa, Uganda
  • International Planned Parenthood Federation (IPPF), UK
  • International Presentation Association of Presentation Sisters, Brisbane, Australia
  • International Treatment Preparedness Coalition, India
  • Ipas, USA
  • I-TECH, USA
  • Jubilee USA Network
  • Kenya AIDS Intervention Prevention Project Group, Kenya
  • Kenya AIDS Intervention Prevention Project Group International, USA
  • Kenya AIDS NGOs Consortium (KANCO)
  • Lady Mermaid’s Bureau, Uganda
  • La coordinadora de mujeres feministas del Cusco / Feminist Coordination of Cuzco, Peru
  • La Institución Filomena Tomaira Pacsi, Servicios a la Mujer Minera de Perú
  • La Marcha Mundial de las Mujeres / World Women’s March, Peru
  • Life Foundation, Pakistan
  • Macfarlane Burnet Institute for Medical Research, Australia
  • Malawi Economic Justice Network
  • Maryknoll Office for Global Concerns, USA
  • Médecins Sans Frontières (MSF), South Africa
  • Movimiento para la Salud de los Pueblos Latinoamerica – Latin America
  • Movimiento Social Nicaraguense Otro Mundo es Posible / Nicaraguan Social Movement: Another World Is Possible
  • Mozambican Treatment Access Movement (MATRAM)
  • National Association of PLHAs, Nepal
  • National Organisation of Nurses & Midwives of Malawi
  • National Youth Coalition on Sexual and Reproductive Rights, Sri Lanka
  • Nava Kiran Plus, Nepal
  • New Rules for Global Finance Coalition, USA
  • New Vector, Georgia
  • Observatoire des Droits des Personnes Infectées et/ou Affectées (ODPIA+), Burundi
  • Ohio Valley Presbytery HIV/AIDS task force, USA
  • Partners In Health, USA
  • People’s Health Movement (PHM), Global
  • Physicians for Human Rights, USA
  • Policy Forum, Tanzania
  • Population Action International, USA
  • Positive Action for Treatment Access, Nigeria.
  • Positive Action Foundation Philippines, Inc.
  • Positive-Generation, Cameroun
  • Positive Voice, Nepal
  • Post Newspapers Limited, Zambia
  • Presentation Justice Network, Ireland
  • Public Personalities Against AIDS Trust, Zimbabwe
  • REACH, India
  • Red Nacional de Promocion de la Mujer, Peru
  • Rehabilitation and Prevention of Tuberculosis, Zimbabwe
  • Réseau Nigerien des Personnes vivant avec le VIH/SIDA (RENIP+), Niger
  • Resource Centre for Primary Health Care (RECPHEC), Nepal
  • RESULTS UK
  • RESULTS USA
  • RIP+, Côte d’Ivoire
  • Senderos Asociación Mutual, Cali – Colombia
  • Sida Zéro, Gabon
  • Sinti Techan: Red de Accion Ciudadana Frente al Libre Comercio e Inversion / Network of Citizen Action Against Free Trade and Investment, El Salvador
  • Snehansu Bhaduri, India
  • Social Help & Research Organization (SHRO), Pakistan
  • Society for Social Justice and Development Sialkot, Pakistan
  • Socio Economic Rights Initiative, Nigeria
  • Solidarté Plus, Côte d’Ivoire
  • Southeast Asian Council for Food Security & Fair Trade (SEACON), Malaysia
  • Stop AIDS Campaign, UK
  • Latvian Umbrella Body for Disability Organisations SUSTENTO
  • TB Alert, UK
  • The Development Fund, Norway
  • Toplum Sagligi Arastirma ve Gelistirme Merkezi / Center for Research & Promotion of Community Health, Turkey
  • Treatment Action Group (TAG), USA
  • UDYAMA, Orissa, India
  • Union National de Trabajadores (UNT) / National Workers’ Union, Mexico
  • United Belize Advocacy Movement
  • United Macedonian Diaspora, USA
  • United Methodist Church, General Board of Church and Society, USA
  • Vision and Hope Foundation, Zimbabwe
  • Vivir, Participacion, Incidencia y Transparencia, A.C. – México
  • VSO International, UK
  • War on Want, UK
  • White Ribbon Alliance for Safe Motherhood
  • World Care Council
  • World Development Movement, UK
  • Youth Development Forum (YODEFO), Uganda
  • Youth In Action Sierra Leone (YASAL)
  • Youth Vision, Zambia
  • Zambia White Ribbon Alliance for Safe Motherhood
  • Zimbabwean Positive Women (NZPW+), Zimbabwe
  • 11.11.11 – Coalition of the Flemish North-South Movement, Belgium

Individual sign-ons:

  • Aruna Hewapathirane, Sri Lanka / Canada
  • Ashok B Sharma, journalist, India
  • Azita Amirieh, Iran
  • Dr. Naghman Bashir, focal person for TB Control, Holy Family Hospital, Rawalpindi, Pakistan
  • Edlira Xhafa, trade union activist, Albania
  • Jen Curry, Oakland CA, AIDS Activist
  • John Mobbs, DP Marais Hospital, Cape Town, South Africa
  • Johnny Jesus Guaylupo (person living with HIV/AIDS), USA
  • Joséphine Niyonkuru, member of the REMUA Platform, Burundi
  • Marco Gomes, Center for Health Policy and Innovation, Canada
  • Oswaldo Adolfo Rada, Cali – Colombia
  • Professor Brook K. Baker, Northeastern University School of Law, Program on Human Rights and the Global Economy, Boston, Massachusetts, USA
  • Professor Nicoli Nattrass, AIDS and Society Research Unit, University of Cape Town, South Africa
  • Steve Belemu, HIV/AIDS activist, Zambia

Cc:

  • Father Miguel d’Escoto Brockmann, President of the United Nations General Assembly
  • Joseph Stiglitz, Chair of the UN Commission on the financial crisis
  • Members of the IMF’s International Monetary and Financial Committee
  • Members of the World Bank-IMF Development Committee
  • Members of the IMF Board of Governors
  • Members of the IMF Executive Board

Update as of 27 April 2009 – Download the response from the IMF here

4th Pillar, IMF Governance