CRITICS FROM AROUND THE WORLD GRADE IMF AND WORLD BANK: 60 Years Old, and Another Bad Report Card

Apr 21, 2004

PRESS ADVISORY Press Conf – Thursday, 2pm
April 21, 2004

50 Years Is Enough: U.S. Network for Global Economic Justice

CRITICS FROM AROUND THE WORLD GRADE
IMF AND WORLD BANK
60 Years Old, and Another Bad Report Card

Press Conference: Thursday, April 22 – 2:00 pm
National Press Club – 529 14th St., N.W. – 13th Floor – Washington, DC

Opponents of the policies and projects of the International Monetary Fund
(IMF) and World Bank are gathering this week in Washington, ahead of the
institutions’ spring meetings (April 24-25). A public conference – Resisting
Market Fundamentalism: Retirement Planning for the IMF & World Bank at 60
– opens Thursday night and continues all day Friday. A rally and march in
opposition to the IMF & World Bank takes place from 12-5 pm on Saturday,
beginning and ending at Franklin Square (bounded by 14th, 13th, K, and I
Streets, N.W.).

The 50 Years Is Enough Network, a 10-year-old coalition opposing the IMF
and World Bank, is hosting and coordinating the participation of over a dozen
civil society colleagues from countries that borrow from the IMF & World Bank
borrowing. They will join two Washington-based experts on Thursday to offer
grades on the institutions’ performance in subjects like: openness and
accountability; poverty eradication; environmental responsibility; access to
services; and impact on women.

Speakers include:
Njoki Njoroge Njehu (Kenya/U.S.), Director of the 50 Years Is Enough
Network
Maria Luisa Mendonca (Brazil), Coordinator of Social Network for Justice &
Human Rights, an expert on land reform policies
Fides Chale (Tanzania), a co-founder of the Tanzania Gender Networking
Programme
Peter Bosshard (Switzerland/U.S.), Policy Director, International Rivers
Network
Sam Vuthy (Cambodia), with Womyn’s Agenda for Change; specialist on
impact of multilateral institutions’ economic policies
Marie Dennis (U.S.), Director of the Maryknoll Office for Global Concerns and
chair of the Religious Working Group on the World Bank & IMF.

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50 Years Is Enough Network - 3628 12th St NE, Washington, DC 20017 USA
Tel: 202-IMF-BANK (202-463-2265) Email: info@50years.org