Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party)
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Global Exchange, which describes itself as an international human rights organisation dedicated to promoting social, economic and environmental justice, observed in relation to the IMF's dealings with countries that have debt issues that the IMF ensures that poor countries made debt payments "by requiring countries to cut spending on education and health; eliminate basic food and transportation subsidies;... privatize national assets; and freeze wages." Does Dr. Donovan believe that to be true?