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.
In the news
This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
New analysis reveals the IMF’s increasing use of controversial conditions attached to loans.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).