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Wake up Africa..!
Posted: 10 Nov 2025, 03:08
by eritrea
Re: Wake up Africa..!
Posted: 10 Nov 2025, 08:51
by Zmeselo
Re: Wake up Africa..!
Posted: 10 Nov 2025, 20:42
by eritrea
” Once a country accepts IMF funding - it must agree to “structural adjustment” reforms:
· Privatization of public enterprises and infrastructure
· Austerity and removal of food - fuel - and electricity subsidies
· Currency liberalization and full exposure to global capital markets
· Foreign investor protections that prioritize creditors over citizens
· Fiscal oversight from Washington-based technocrats
it often locks nations into cycles of debt dependency and external control - where economic policy is dictated in Washington.