World Bank

World Bank donor countries approve $82 billion package to fight extreme poverty: Oxfam reaction

13 December 2019

The World Bank today announced that 52 donor countries have committed to an $82 billion package for the 19th replenishment of the International Development Association (IDA19), the Bank’s fund for the world’s poorest countries.
Financing for development in Vietnam

25 October 2019

As Vietnam graduates from IDA, the World Bank’s concessional finance window, there will be a major change in the types of development finance the country can access. Oxfam is concerned about what this changing financial landscape might mean for Vietnam’s fight against poverty, inequality, and gender inequality.
Oxfam media reaction to the resignation of Christine Lagarde as head of the IMF

16 July 2019

Oxfam's response to today’s announcement that Christine Lagarde is stepping down as Managing Director (MD) of the International Monetary Fund (IMF), effective on September 12, 2019.
Oxfam Position paper on IDA19 replenishment

6 June 2019

This paper outlines Oxfam’s position on the 19th Replenishment of the International Development Association (IDA19), the World Bank’s fund for the poorest countries. It calls on donors for a strong replenishment, and with that financial commitment, to agree on a strong programmatic and policy agenda for IDA19 across the agreed upon special and cross-cutting themes.
World Bank must stop push to expand private education

9 April 2019

The World Bank continues to steadily increase support for privatized education in lower-income countries despite mounting evidence that this approach is freezing out poorer children – especially girls – and doesn’t improve education quality. Oxfam’s new report "False Promises" says the Bank should immediately stop promoting Public Private Partnerships (PPPs) that expand private education.
False promises

9 April 2019

A growing body of evidence shows that education public-private partnerships (PPPs) which support private schooling are too often failing the most vulnerable children and risk deepening inequality. Despite this, the World Bank has been increasingly promoting education PPPs in poor countries through its lending and advice.
Malpass nomination to head the World Bank concerning, says Oxfam

5 February 2019
Malpass nomination to head the World Bank concerning, says Oxfam

5 February 2019
Jim Kim to stand down as President of World Bank

7 January 2019
World Bank $200bn climate investment welcome but financial terms and continued fossil fuels investments remain a challenge

4 December 2018

The World Bank's $200bn climate investment announcement at the UN Climate Conference COP24 is welcome, but must be new money that can help tackle poverty.