Bangladesh conference speaks out against IFIs

News|Bretton Woods Project|12 February 2010|update 69|url
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Civil society representatives from Bangladesh, India and Pakistan met at a December workshop in Dhaka on international financial institutions and debt, and said that it was time to free the region from the IFIs. The conference - organised by South Asia Alliance for Poverty Eradication, Institute of Environment and Development and Vikas Adhyayan Kendra - highlighted that South Asian countries have long suffered from a debt burden and neoliberal policy pressures from the IFIs. They proposed a South Asia Development Bank for mutual financing of development activities in the region.

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Published: 12 February 2010 , last edited: 2 March 2010

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