Country/date |
Sector/measure |
Protests |
IMF agreement |
Honduras, August 2003 | Opening of the water sector to private companies, public sector wage freeze in efforts to secure IMF support | Police clashed with 10000 demonstrators after they briefly stormed the Congress | Pending |
Dominican Republic, June 2003 | Capping budget deficit, freezing public sector wages, raising electricity prices, import/export tax hikes etc | At least five people were hurt and 40 detained when police broke up a protest against the government’s economic policies and the proposed deal with the IMF | 2-year $600 million Stand-By Arrangement, August 2003 |
Peru, May-July 2003 | Wage freeze,fiscal austerity, tight monetary policy. | Thousands of farmers health workers and teachers, marched through the capital, occupied state buildings and blocked roads. President Toledo declared a state of emergency. At least one dead and dozens injured. | 2-year $347 million Stand-By Arrangement, February 2002 |
Bolivia, January-February 2003 | Income tax hike announced as part of a package to reduce the public deficit to get access to IMF support | Clashes left more than thirty dead. | 1 year $121 million Stand By Arrangement, April 2003 |
Sources: Reuters, Reuters Alertnet, IMF country index, see also WDM States of Unrest III