At a forum in Lagos Nigerian President Olusegun Obasanjo accused the World Bank, International Monetary Fund and creditor nations of being unfair to developing countries trying to repay crippling external debts, reports Reuters (17/5/01).
Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
A new report from Drop the Debt argues that the World Bank and IMF can afford to cancel in full the debts of the poorest countries without putting at risk their finances.
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
A new report summarises some of the continued challenges for participatory poverty reduction processes.
A week-long “listening tour” brought World Bank President James Wolfensohn and IMF Managing Director Horst K
A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis.
The People’s Health Conference 2000 criticized the World Bank’s health policies for being “anti-Third World”.
In December a meeting of campaigners in Dakar, Senegal assessed Africa’s debt crisis and the human effects of structural adjustment.
The World Bank was accused of “behaving like vultures, like loan sharks” by US NGO 50 Years is Enough Campaign after it offered to help finance emergency relief efforts in El Salvador in the wake of January’s earthquake.