People Summit for Alternative Development Demands World Bank / IMF Responsibilities in the Choice of Development Models

Press Release

People Summit on Alternative Development

People Summit for Alternative Development Demands World Bank / IMF Responsibilities in the Choice of Development Models

 

(Jakarta, 3 September 2018) – More than 15 civil society organizations in Indonesia will undertake the People Summit on Alternative Development as a response to the upcoming Annual Meeting of the World Bank and the IMF which takes place in Bali, on  October 8th-10th, 2018.

“The People Summit on Alternative Development is intended to consolidate the aspirations of national and global civil society organizations which have been consistently taking critical positions towards the World Bank and the IMF programs and policies in the last three decades,” as described by Hamong Santono from INFID, who acts as the Chief of Organizing Committee. Therefore, there will be eight thematic workshops that relate to the common good, namely:

  1. Historical Debt of the World Bank and IMF
  2. Anti Corruption, Transparency, and Finance for Development
  3. Public Services, Inclusion, and Gender Justice
  4. Tax Justice and Tackling Inequality
  5. Legally binding treaty business and human rights for International Financial Institutions
  6. Human Rights, Public Infrastructure and Tourism Industry
  7. Digital Economy and Decent Work
  8. Climate Change and Natural Resources

“Indonesia has been a member of the World Bank / IMF since 1967, but until now there has never been a thorough evaluation of the performance of these two institutions for Indonesia. On this basis, retracing historical debt becomes important to identify the forms of responsibility and accountability of the World Bank / IMF. We still remember, in 1998, the IMF provided a series of recipes for our financial balance, but even though Indonesia had repaid its debts on IMF ‘advice’, the impact is still lingering today, like the BLBI case, “said Arimbi Heropoetri from debtWATCH Indonesia.

“It is crucial for the public in general to actively play a role in determining what development patterns are helpful and useful for many people so that they would understand the work and impacts of WB / IMF activities. Given this, besides the People Summit on Alternative Development activities carried out before the WB / IMF Annual Meeting, there was also a series of public socialization regarding this activity, ”added Herni Ramdlaningrum of Prakarsa.

Andi Muttaqien from ELSAM stressed that “The WB and IMF annual meeting is an important event to voice the voices of people affected by activities from World Bank / IMF-funded activities, because there will be not only high-level WB / IMF officials attend, but also economic decision-makers from more than 190 member countries.”

“The series of agendas and activities carried out by this coalition, as a part of the efforts from civil society, urged the accountability of international financial institutions/multilateral development banks such as the World Bank for the facts of human rights violations and the destruction of the environment resulting from various projects”, said Edo Rahman from WALHI, closing the press release. (end)

People Summit on Alternative Development

debtWATCH Indonesia, PRAKARSA, WALHI, INFID, ELSAM, HuMa, ILRC, Migrant Care,KSBSI, KIARA, Public Service International, PWYP Indonesia, TuK Indonesia, Transparansi Internasional Indonesia, YAPPIKA

 

Contacts:

Edo Rakhman                    (+6281356208763)

Diana Gultom                    (+628159202737)

Hamong Santono             (+6281511485137)

Indah Budiarti                    (+6281380416310)

Andi Muttaqien                (+628121996984)

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