Rich Nations Use IMF-World Bank Meet To Advance Own Agenda

The focal points of this semi-annual meeting were the proposed reforms for the IMF, an anti-corruption drive led by World Bank president Paul Wolfowitz and a new global energy investment plan. Issues centred on developing countries, like debt cancellation and aid -- a feature of past meetings -- had limited airing during this gathering. "Compared to the momentum last year and the real changes in terms of increase in aid and debt cancellation, the spring meetings were a real disappointment," said Max Lawson, policy adviser at Oxfam International, a confederation of anti-poverty organisations. Full article: http://www.commondreams.org/headlines06/0425-05.htm [Proofreader's note: this article was edited for spelling and typos on April 27, 2005]

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