15 December 1999
In late November a delegation of Swiss NGOs, parliamentarians and senior aid officials travelled to Brazil to examine recent World Bank lending to that country. In particular they looked at the financial crisis support provided in 1998, and at land reform.
Contact: Bruno Gurtner, Swiss Coalition, bgurtner@swisscoalition.ch
See also: Redes Brazil website: www.brnet.com.br/pages/rbrasil
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
