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Posts Tagged ‘Bretton Woods Project’ (2 found)
World Bank returns to Burma amid criticism
After leaving over suspended debt repayment in the late 1980s, the World Bank officially returned to Burma, also known as Myanmar, in early August. It signed off $85 million in grants, but no loans will be approved until the $400 million Burma still owes to the Bank are cleared. Concerns remain that the Bank is failing to engage constructively and transparently with civil society […]
• • •IFIs must “engage with the Burmese people”
Over 20 civil society groups from Burma, also known as Myanmar, have written to the heads of the IMF and World Bank requesting that the IFIs involve grass roots actors in their newly revived activities in the country and that their operational policies “guarantee maximum transparency, accountability, social inclusiveness and safeguards”. International NGO Human Rights Watch has also written to Bank president Robert Zoellick calling on the Bank to “actively engage with the Burmese people” and ensure that “no one who engages with the Bank shall face reprisals” […]
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