In October, the IMF and World Bank gathered in Morocco for their annual joint meeting – their first such summit on African soil since 1973. In the decades since, the IMF and World Bank have imposed their failed debt-austerity agenda on much of the Global South. Few people today expect the IMF and World Bank to solve global problems. That is because, across the world, from Pakistan to Sri Lanka to Suriname, people know that these institutions are the authors of pain.
It took me so long to learn the IMF is a profit driven private organization, which is wild. I wish it was a UN run public organization to help uplift nations in economic trouble.
It took me so long to learn the IMF is a profit driven private organization, which is wild. I wish it was a UN run public organization to help uplift nations in economic trouble.