(AHT)
— Bolivia’s President Evo Morales has been highlighting his
government’s independence from international money lending organizations
and their detrimental impact the nation, the Telesur TV reported.
“A day like today in 1944 ended Bretton Woods Economic Conference
(USA), in which the IMF and WB were established,” Morales tweeted.
“These organizations dictated the economic fate of Bolivia and the
world. Today we can say that we have total independence of them.”
Morales has said Bolivia’s past dependence on the agencies was so
great that the International Monetary Fund had an office in government
headquarters and even participated in their meetings.
Bolivia is now in the process of becoming a member of the Southern
Common Market, Mercosur and Morales attended the group’s summit in
Argentina last week.
Bolivia’s popular uprising known as the The Cochabamba Water War in
2000 against United States-based Bechtel Corporation over water
privatization and the associated World Bank policies shed light on some
of the debt issues facing the region.
