Peru CSOs demand World Bank accountability

7 April 2017

In January, 52 Peruvian civil society organisations (CSOs) published an open letter to the World Bank expressing concerns about the development of the Bank’s 2017-21 Peru Country Partnership Framework (CPF), as well as the Bank’s relationship with Peru. According to the letter, the “economic policy conditionality of the loans offered by the [World Bank Group] … has allowed [countries] to impose structural reforms” and austerity policies, both in Peru and elsewhere, which have “prioritised the interests of the market over that of the people” and caused exclusion and inequality, in particular in Latin America.

The letter demanded a more transparent CPF process, including a call for the Bank to “be accountable at all times to the citizens of its operations” and that consultation should be broad and include indigenous peoples.