One hundred members of the Indonesian parliament wrote to the heads of the IMF and World Bank, condemning the institutions for implementing “disastrous orthodox macroeconomic policies”.
East Asia & Pacific
A Papuan NGO, the Center for Environmental Law and Community Rights, attempted to halt the release of a $17 million World Bank loan, claiming that the PNG government had failed to stop illegal logging and road construction, and that the Bank had failed to supervise compliance with the conditionalities.
The first elected government in East Timor faces an estimated US $154-$184 million shortfall in its initial three-year budget.
Serious environmental and social concerns have been raised about a Rio Tinto gold mine in Lao PDR which is to receive $30 million from the International Financial Corporation.
Asian NGOs recently commented on the problems they face with PRSP processes in their region. A Focus on the Global South study questions achievements in Lao PDR, Cambodia and Vietnam while Bangladeshi organisations have mounted a challenge to the process in their country. See also:
The World Bank’s role in damaging or endangering the mangrove forests of Vietnam (and their inhabitants) has been the subject of an article and exchange of letters in the Bulletin of the World Rainforest Movement.
The Centre for Environmental Law and Community Rights (CELCOR) in Papua New Guinea filed, in early December, a claim to the World Bank inspection panel after illegal logging made some 300 landowners “lose their land and forests through bad forest governance”.
Police shot student protesters in Port Moresby, Papua New Guinea in late June.
A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis.
The Asia Pacific Peoples’ Solidarity Conference will be held in Jakarta, Indonesia, 7-10 June, 2001, organised by the Indonesian Centre for Reform and Social Emancipation (INCREASE ).
Asian countries may be blocked from setting up an independent regional currency swap mechanism.
World Bank Asia region staff are currently considering whether to move the Nam Theun 2 dam, Laos, to “pre-appraisal stage”.