The IMF: if you liked what it did for Libya, Tunisia & Bahrain, wait until you see what it will do for us!


Soldiers in the Arab Army during the Arab Revolt of 1916-1918, carrying the Arab Flag of the Arab Revolt and pictured in the Arabian Desert.

Soldiers in the Arab Army during the Arab Revolt of 1916-1918, carrying the Arab Flag of the Arab Revolt and pictured in the Arabian Desert.

Via Exiled Online / Ames-Levine List:

 

  • New York TimesI.M.F. Reviews Praised Libya, Egypt and Other Nations: Less than two weeks ago, the International Monetary Fund’s executive board, its highest authority, assessed a North African country’s economy and commended its government for its “ambitious reform agenda.” The I.M.F. also welcomed its “strong macroeconomic performance and the progress on enhancing the role of the private sector,” and “encouraged” the authorities to continue on that promising path. By unfortunate timing, that country was LibyaTunisia was hailed last September for its “wide-ranging structural reforms” and “prudent macroeconomic management.” Bahrain was credited in December with a “favorable near-term outlook” after the economy “managed the global crisis well.” Algeria’s “prudent macroeconomic policies” helped it to “build a sound financial position with a very low level of debt.” And in Cairo, the I.M.F. directors last April praised the authorities’ response to the crisis as well as their “sound macroeconomic management.”
  • International Monetary FundStatement at the Conclusion of the 2010 Article IV Consultation Mission to Bahrain: “The economy of Bahrain has managed the global crisis well… The near-term outlook is favorable.”
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This entry was posted in Accountability, Bankers' Bailout, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, Elections, Energy / Natural Resources, Geopolitics, Ideology, ireland and tagged , , , , , , , . Bookmark the permalink.

One Response to The IMF: if you liked what it did for Libya, Tunisia & Bahrain, wait until you see what it will do for us!

  1. Pingback: TheJournal.ie: Irish government wanted Libyan banker digout | rebel-alliance.org

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