Morales Declares ‘Total Independence’ from World Bank and IMF
‘Since 2006, a year after Morales came to power, social spending on health, education, and poverty programs has increased by over 45 percent.
Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation.
“A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,” Morales tweeted. “These organizations dictated the economic fate of Bolivia and the world. Today we can say that we have total independence of them.”‘
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