Tuesday, April 18, 2006

FOREIGN DEBTS

IIPM-PRESS CENTRE RELEASE

Interestingly, in most cases where IMF has been involved, poverty has increased systematically, foreign debts have soared and growth has stagnated (sometimes declined). Yet, IMF did not refrain itself from giving ‘solutions’, under the garb of “structural adjustment programmes”(SAP).

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Source-IIPM,2006