Latest News: The Indonesian Police have approved the Batam International Peoples Forum [IPF] from Sept 15-17. INFID is organizing the IPF from Sept 15-17 in Batam to counter the World Bank and IMF annual meeting in Singapore on September 19-20.
| Why activists and groups from other countries are willing to spend their money, their time and their effort to campaign against the IMF/WB meeting. They do it because there are real people suffering in their countries due to the lending policies of WB/IMF. They do this because millions of people have had their lives displaced by the projects sanctioned by the WB-IMF. |
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The Indonesian Police have approved the Batam International Peoples Forum [IPF] from Sept 15-17.
on 9 Sept 2006
Govt should be independent from IMF, WB influence Links to News Update bottom
The government of Indonesia should be independent from the influence of International Monetary Fund (IMF) and the World Bank (WB if the country does not want the two international institutions to press it to make various decisions, Forum on Indonesian Development (INFID) spokesman Chris Wangkay said here on Thursday.
He pointed out that despite Thailand and Malaysia were not assisted by IMF and World Bank, the recovery of the two countries` monetary crisis was faster than that in Indonesia.
"Indonesia should not have depended on IMF nor World Bank because it has massive natural resources that can be exploited for the welfare of its people," Chirs Wankay noted.
Meanwhile, INFID Executive Director Donatus K Marut said that so long as Indonesia has cooperation with IMF and the World bak, it would have never been free to make various policies at home.
He noted that the IMF and World Bank frequently pressed the Indonesian government to make various policies which were eventually burdensome to the country itself in the future.
Donatus pointed out that the World Bank had pressed the government to revise a number of policies which hampered the investment.
He said Labor Law No.13/2003 was revised because it was considered leaning toward the laborers.
INFID is planning to organize International Peoples Forum (IPF) from September 12-18 in Batam to counter IMF and World Bank annual meeting in Singapore on September 19-20.
The forum will be attended by about 600 participants and the representatives of non-government organizations (NGOs) from 74 countries.
The outcome of the forum will be brought by the delegation of the International Peoples Forum to the International Monetary Fund and World Bank annual meeting in the island country of Singapore from September 19 to 20.
Source: ANTARA News
Date: 1 Sept 2006
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