UN criticises IFI-led housing policies

17 April 2009

In February the UN Special Rapporteur’s report on housing was released, highlighting the impact of government policies on the right to adequate housing, and how they have contributed to the current crisis. The report laments the precedence market forces are given over housing provision. A section on the effect of World Bank and IMF structural adjustment programmes (SAPs) states that in Ghana they “pushed prices beyond affordable levels for a significant proportion of the population." SAPs are also identified as contributing to slum growth, displacement and ensuing impoverishment by causing "governments to lessen their efforts concerning economic, social and cultural rights".