To: Portia Simpson-Miller/Jamaican parliament, Prime Minister and President Donald Trump
urge prime minister, Jamaican parliament to cancel loan with IMF, World Bank and Inter- American ...
Jamaican government needs to cancel loan agreement with the IMF, World Bank and the Inter-American Development Bank. This loan will further destabilize Jamaica, deepens inequality with confiscation of property. The IMF serves the wealthy and the wall street; the Imf is a secretive institution with no accountability, IMF promotes corporate welfare, IMF hurt workers, IMF is imposing a fundamentally flawed development model; IMF has created an immoral system of modern day colonialism that sap's the poor,IMF bailouts deepen rather than solve economic crisis, IMF bailout rich bankers creating a moral hazard and greater instability in the global economy, IMF hurt women the most, and IMF hurts the environment. (Global exchange.org) The IMF, World Bank and Inter-American Development Bank are Loan sharks who do not care about us.
Why is this important?
Jamaican citizens property tax has increase by 150%; this occurred due to loan furnished to the Jamaican Government by IMF for (u.s) $932.3 million, world bank $510 million and the Inter-American Development Bank $510 million. This decision has further created intense hardship,and the development for property confiscation. What happen in this country could happen any where, that is why we should partake and deter this decision.