Ben Beachy, an independent educator working for Witness for Peace, was working in Nicaragua when these programs were enacted.
Haiti's debt to western organizations impedes rebuilding efforts.
"Just after pledging $201 million of debt relief for Nicaragua, the IMF has also promised to reactivate its stalled economic program with the country, meaning a new IMF loan package of about $100 million," BEACHY said in an interview with commondreams.org.
This is common, neoliberal double-speak. They first allow for the cancellation of a debt that was clearly never going to be diminished any time soon, and replaced it with another loan that the country cannot afford. Click for more information.
