Debt and Structural Adjustment

Members of WFP protest unjust debt and WB policies.
Since 1990, Witness for Peace has monitored the effects of external debt, structural adjustment programs, and the effects of International Financial Institutions (IFI) policies in Nicaragua, and elsewhere in Latin America. Following the lead of our partners on the ground, Witness for Peace has advocated for debt cancellation and the end of conditionality from IFIs, playing important historic roles in the Jubilee USA coalition as well as the movement to transform the World Bank and IMF.
Today, Witness for Peace's efforts focus on the unconditional canceling of Nicaragua's debt to the Inter-American Development Bank and the removal of conditions by IFIs including conditions preventing social spending, and conditions leading to the privatization of Nicaragua's public services.