In February, about 300 activists from the Student Federation of Thailand, the Forum of the Poor and labour groups burnt effigies of IMF managing-director Michel Camdessus and some Thai politicians in a protest in Bangkok where officials were attending the UNCTAD-X meeting. They accused the IMF of leaving the poor in destitution and denounced the IMF‘s conditions which forced Thailand to sell off state enterprises to repay its loan while ignoring the hardship of poor farmers and labourers.
World Bank Enabling the Business of Agriculture rankings prescribe land privatisation at the expense of family farmers, pastoralists, and Indigenous Peoples.
As debt crises across the African continent continue to soar, concerns are raised about the gendered impact of debt-servicing conditions imposed by international financial institutions.
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