Turkish students protested against the International Monetary Fund and the government’s austerity programme in May. The protest was broken up by riot police and 19 students were detained. The protest coincided with a visit to Turkey by an IMF delegation, led by the fund’s Turkey desk chief, Carlo Cotarelli, which arrived to review progress under a $4bn stand-by deal, approved by the fund in December.
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New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.
This briefing shows that multilateral governance is at risk if long-overdue IMF quota and board reforms are not ratified.
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