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GCE attends IMF/WB annual meetings |
 Hundreds of civil society observers attended the IMF and World Bank annual meetings including the Global Campaign for Education. Given the financial crisis occupying so much attention outside in the 'real world', campaigners were surprised to hear yet again the same policy prescriptions for Sub-Saharan Africa and other poorer countries: single-digit inflation, low budget deficits and trade liberalization. The absence of new plans for action is concerning, as different rules seem to apply to rich countries, now planning to abandon traditional monetarist policies and run up large budget deficits to finance massive public investment programmes.
An up-coming review of the IMF's lending to low-income countries will occur over the coming months and GCE is positioning to use that process to underscore how restrictive macroeconomic policies affect teachers and the education sector, and to call for change. Watch this space to find out how your national coalition can contribute to this process.
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