On 15 December 2021, World Bank Group’s President, David Malpass, announced the launch of the replenishment process of the International Development Association (IDA), bringing financial support and policy advise to 74 countries. This allocation of $93 billion, the largest in IDA’s history, took place one year earlier t

When the IMF decided to mint $650bn of special drawing rights (SDRs), effectively creating money to be distributed to its 190 national members, it made a powerful weapon in the war on want. But this will only work if the IMF’s shareholders now agree three big steps to move the money out of the vaults and into the assault