PRESS RELEASE: April 19, 2024 Activists gathered on the sidelines of the annual meeting of the IMF and World Bank in Washington DC today to demand “deep, wide and urgent debt cancellation” for Global South countries. Demonstrations were also held in the Philippines, Pakistan, Bangladesh, Sri Lanka and Nepal.  “WhileContinue Reading

The IMF and the World Bank (IMF-WB) hold their Spring Meetings amidst an ever-worsening debt crisis, most harshly felt by 3.3 billion people living under governments that spend more on interest payments than education or health.  For many decades until today, the IMF-WB, with the backing of rich countries, haveContinue Reading