Essay 20383

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Again, since the IMF and WB assess previous records and reports of a countries HR handling, they also touch the human right to be free from poverty, in order to lend assistance, aid and relief for poverty reduction strategy and project of a country in Africa

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That means these huge institutions opt debt cancellation, aid, development assistances (Including formulating poverty reduction projects) based on a countries human right handling, promoting, respecting and fulfilling

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Zimbabwe can be taken as an instance in Africa, since the Mugabe’s administration abuses fundamental human and people’s rights charter that articulated in the Banjul charter, development assistance is quit from IMF

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70 Here, it can be noticed that IMF working on economic and development arena, so that it assessed a country’s realization of developmental rights, including the right to be out of poverty

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If these countries have such obligation, ultimately they also have the same duty to respect the provisions and the principles of the Banjul charter, while they involve in poverty reduction of Africa

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71 Moreover, economic and social rights, particularly play a significant role in the Bank’s decision making like debt relief, development assistance like poverty reduction projects

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Binyam Agegn

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Human Rights become a fundamental international norm that facilitates due to transnational institutions like UN, IMF, WB, and WTO

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All these rights mentioned in the charter, therefore, the Zimbabwe government infringed, among other covenants, the Banjul charter it self

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So that, HRs status of a country becomes one of the main criteria to be qualified for the developmental assistance from IMF and WB

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This means that, IMF also respect the charter in discharge of its functions in Africa