Sunday, November 18, 2012

IMF in Tunisia

Khelil sent me this:  "The IMF is so generous: “The IMF stands ready to help Tunisia with policy advice, technical assistance and, if appropriate, financing. The IMF will continue to remain closely engaged with the Tunisian authorities in providing policy advice and supporting the authorities’ reform projects through technical assistance,” said International Monetary Fund (IMF) First Deputy Managing Director David Lipton." And here is their idea of "help": Deeper trade integration, better functioning labor markets, education better geared towards private sector needs, and a fair business environment to encourage investment will all be needed to promote job creation and help fight high rates of unemployment. An effective social safety net that protects those most in need must complement a strong private sector that creates jobs."

Since when has the iMF given a shit about a safety net? and we know what their idea of "functioning labor markets" is.