-Caveat Lector- ----- Original Message ----- From: "Jennifer Webster" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, September 21, 2000 5:34 PM Subject: (50 Years) South African Unions Call for IMF Reforms > MIDRAND, South Africa, Sept 20 (AFP) - The International Confederation of > Free Trade Unions (ICFTU) called Wednesday on South Africa's largest trade > union federation to put pressure on the Pretoria government to push for more > reforms in the IMF and World Bank. > > South African Minister of Finance Trevor Manuel will chair the annual > meeting starting Thursday of the International Monetary Fund (IMF) and the > World Bank in Prague. > > "A strong argument for real reform coming from South Africa will make a > difference at that meeting," ICFTU General Secretary Bill Jordan said in an > address to the Congress of South African Trade Unions (COSATU) conference, > on the third day of its triennial conference. > > COSATU is an alliance partner of the ruling African National Congress (ANC) > along with the South African Communist Party. > > Pretoria has been pushing for more influence of developing nations on the > international bodies. > > Reserve Bank Governor Tito Mboweni told a parliamentary committee Tuesday > that the South African delegation to Prague would oppose a proposal to give > voting rights on the IMF on the basis of economic size and development. > > This would increase the power of South Africa and Nigeria at the expense of > other sub-Saharan African countries, he said. > > The delegation would also call for new measures to reduce debt in Africa, > Mboweni said. > > But debt relief was not enough, Jordan told the more than 2,000 delegates at > the COSATU congress, adding that economic strategies needed to change. > > According to the World Bank, in the past 10 years the number of people > living in extreme poverty -- on less than one dollar a day -- had risen to a > quarter of the world's population, he said. > > "You would think that with such a devastating indictment of their failed > policies the World Bank would reform its own policies and practices. > > "But no, almost in defiance of the evidence it continues to push its > simplistic useless free-market strategies for solving poverty," he said. > > The ICFTU, which has 123 million members, says the world trade union > movement's fight against globalisation is "the greatest fight of its life." > > The COSATU congress has highlighted tensions between the federation and the > ANC government, which has adopted a market-friendly macro-economic policy > and said that South Africa has to adapt to and not resist globalisation. > > > > =========================================================== > 50 Years Is Enough Network http://www.50years.org > To unsubscribe, email [EMAIL PROTECTED] with > unsubscribe > in the body of the message. Questions? email [EMAIL PROTECTED] > <A HREF="http://www.ctrl.org/">www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! These are sordid matters and 'conspiracy theory'—with its many half-truths, mis- directions and outright frauds—is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRLgives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== Archives Available at: http://peach.ease.lsoft.com/archives/ctrl.html <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html">Archives of [EMAIL PROTECTED]</A> http:[EMAIL PROTECTED]/ <A HREF="http:[EMAIL PROTECTED]/">ctrl</A> ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
