Monthly Issue Update - September 30, 2006
Fallout at Bank and Fund meetings in Singapore
The Work Bank and International Monetary Fund’s (IMF) fall meeting in Singapore from September 19-20, were mired in controversy this year. In the days prior to the meeting, it became clear that Singapore intended to ban numerous accredited organizations from entering the country. In response, groups unilaterally boycotted the official program. Organizers of the parallel International Peoples Forum in Batam, Indonesia, reported that 54 individuals from 17 groups were detained at the Singapore airport without explanation, and subjected to custodial interrogation and deportation. Many groups felt that, with IMF reform and good governance and corruption on the agenda, the choice of Singapore as the venue for the meetings underscored the superficial nature of the Bank and Fund reform agenda.