Tuesday, September 02, 2003

ETHIOPA

BBC: Ethiopia hits out at IMF

Ethiopia's prime minister has hit out at continuing pressure from international financial organisations to push forward the country's privatisation process.
In a speech to an investors' meeting in Addis Ababa, Prime Minister Meles Zenawi said the repeated recommendations to sell off loss-making state corporations was counter-productive.

"The International Monetary Fund (IMF) has been pressing the government to sell all these state firms, but we have resisted these measures which would result in the collapse of our businesses," Mr Zenawi said.

SMASH IMF!

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