'Two bad options': Rights groups decry IMF austerity demand

‘Thai people already poor’: developing nations protest IMF’s austerity call

The IMF should focus on climate financing and tax reforms rather than demand governments cut subsidies and social spending, critics say.

'Two bad options': Rights groups decry IMF austerity demand

Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision-makers tackle an inflation crisis fuelled by the US war on Iran and other economic shocks. The message from the IMF has been clear: after years of economic crises starting with the pandemic and continuing through the wars in Ukraine and the Middle East, worldwide debt is too high and gove…

Rights groups decry IMF austerity demand

Coconut farmer Sombat Chuekrod travelled more than 200 kilometres to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund and World Bank change how they deal with the developing world.

‘Two bad options’: Hundreds protest in Bangkok, decrying IMF austerity demand

BANGKOK: Coconut farmer Sombat Chuekrod travelled more than 200 km to join hundreds on the streets of Bangkok on Friday (Oct 16) demanding that the International Monetary Fund and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital […]