As the global financial collapse took centre stage at the IMF and World Bank Annual Meetings, civil society from around the planet urged the IMF to loosen restrictive policies affecting spending on health and education in developing countries.

Amy Gray, GCE's IFI Education Policy Officer, attended the annual meetings and tracked GCE's interests.  While WB President Robert Zoellick noted the importance of continual predictable aid to developing countries in the current financial crisis, the IMF continued its usual prescriptions of single-digit inflation and trade liberalization in seminars addressing Sub-Saharan Africa.  The IMF wants to sell gold reserves to finance its own operations and GCE joins with 225 NGOs opposing IMF gold sales without significant reforms.

Downloads:
GCE's  "Top ten reasons Education for All advocates should track IMF and World Bank"
Civil Society's letter to the IMF and World Bank