Freedom from Debt Coalition, Jubilee South-APMDD and Task Force Food Sovereignty
MANILA, Philippines—Despite the call of various civil society groups to stop its privatization policy, the Asian Development Bank will still push for more private sector participation in the Asia and the Pacific region following the release of its new long-term strategic framework (LTSF) from 2008-2020 during the Bank’s 41st Annual Governors’ Meeting in Madrid, Spain.
In a creative protest outside the Bank’s main headquarters here, members of the Freedom from Debt Coalition, Jubilee South-APMDD and Task Force Food Sovereignty today echoed the opinion of civil society groups participating in Madrid, calling on the ADB to junk the LTSF, also called Strategy 2020, because it would only lead to a bleak future for the country’s poor.