Strikers in Colombia in protest at IMF and debt

15 September 1999

In late August Colombian labour unions began an indefinite national strike in protest at the government’s political, social, and economic agenda and calling on the government to declare a moratorium on the payment of its internal and external debt.

The attack on the government is partly an attack on the IMF which has just agreed a loan of up to $3 billion. The loan is conditional upon severe budgetary cuts, tax reform, and modification of social legislation.