Hi there,

From our first broadcast nearly 30 years ago, Democracy Now! has always been fiercely independent. Over these last 3 decades, our daily global news hour has been a source of truth in a media landscape all too often bought by commercial interests. Can you start a monthly donation? Monthly donations are the lifeblood of Democracy Now!.Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Senate Criticized for Voting to Expand Funding of IMF

HeadlineJun 02, 2009

A coalition of civil society groups, as well as some US lawmakers, are criticizing a recent Senate vote to expand funding for the International Monetary Fund by $108 billion. Inter Press Service reports opponents of the funding are concerned about the conditions the IMF usually imposes upon low-income countries when they accept these funds. Typically, the IMF requires recipient countries to reduce their budget deficits and increase interest rates. As a result, countries have been forced to cut essential social programs, like unemployment insurance and other safety-net mechanisms.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top