Posted inEconomics / IMF / Latin America / News / Politics / World Bank

Morales Declares ‘Total Independence’ from World Bank and IMF

Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation. “A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established, These organizations dictated the economic fate of Bolivia and the world. Today we can say that we have total independence of them,” he said. Main IMF, WB plans are privatization policies and austerity measures, including cuts to public services, privatization decrees, wage reductions, as well the weakening of labor rights.

— source telesurtv.net 2017-07-24

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