Global parliamentarians campaign launched

28 May 2004

The ineffective involvement of legislatures in country dealings with IFIs is broadly acknowledged. Questioning IFI legitimacy and their dominant role in defining national development and economic policies, a global campaign led by CSOs and parliamentarians has been launched.

A global parliamentarians’ petition advocating legislative sovereignty over IFIs’ operations is to be endorsed by legislators in countries worldwide for presentation to the Bank and Fund management in October.

The campaign hopes to move parliaments towards better oversight in the design and implementation of national development policies.