In June, several protesters and journalists were injured after clashes with police in Asuncion, Paraguay, on the first day of a 48-hour general strike against plans to privatize telephone, water and railroad companies. The privatizations are part of a series of “non-negotiable” measures demanded by the World Bank and IMF, which must be implemented before the government can access $400 million in loans from the World Bank.
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, and the Bretton Woods Bulletin, an online update of news and action on the institutions.
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