The International Monetary Fund, as it seems at first glance, is one of the most important international institutions concerned with supporting and strengthening the international monetary system and strengthen it, and to help countries out of the economic and financial crises. Where the policy to lend to countries suffering from economic recessions and become a deficit in the balance of payments. The historical roots dating back to the International Monetary Fund to the year 1944, where the idea crystallized created during the United Nations Conference held at Bretton Woods, the US state of New Hampshire, under an agreement between the forty-five representatives of the government to draw a roadmap for economic cooperation.
Most allocated to the lending of shares from members and the more than 180 Member State of the Fund's resources comes, the United States and accounts for the lion's share of these shares, as the share of about 18% of the total IMF quotas, followed after that major countries such as Germany, Japan, France and others. There are the goals of the International Monetary Fund suggest on the face of it is aimed at the development of the economy of the developed countries, and help struggling economically developing countries, and push forward to overcome tyranny and economic recovery, but in the interior are designed to colonize and destroy nations and peoples.
The policy adopted by the International Monetary Fund to provide loans to developing countries demonstrates beyond any doubt that this policy does not target only inflicting economic ruin and colonize economically these countries, undermining its sovereignty by forcing them to perform many of the procedures that are called procedures reform, which is in fact a subversive actions leave behind more of the economic and social devastation.
Sadly, there have countries that see in borrowing from this fund last haven, but acquiescence and submission to the will and the will of this fund, and the conditions of unfair dictated by them to give them the required loan, which does not graduate from being conditions extortionate resorted to the fund, taking advantage of the economic downturn and the situation reached by this state, as a pretext to demand the submission of many of the harsh concessions that deplete the poor and gullible as an initial step, and the deepening of the economic crisis, as one of the ports to interfere in its internal affairs and in its control and use it as a tool pliable soft in achieving its objectives.
In order granting the International Monetary Fund loan to the state wishing to get it, be required to restructure the current economic policy and change economic course and the liberalization of trade and investment policy, which appears as a tool of contemporary colonialism, and so on but not limited to, be required to reduce the value of national currency to make exports cheaper , and the opening of free markets and foreign exchange, and the removal of restrictions and obstacles to any deal in foreign currencies, and foreign investment exemption from taxes and customs duties.
As well as the abolition of subsidies for commodities, which is a lifeline for the poor and the simple and low-income people in general, and the indispensable and irreplaceable for any citizen of that slide, and spending cuts to a minimum on the most important two systems essential for any country in the world, namely education, health, and freeze wages and the closure of factories, increasing taxes, and reducing the number of employees in the government sector, and for other arbitrary conditions. These procedures, and other measures which are known austerity measures of poverty and unemployment rates increase and lead to more cases of inflation, increased external debt rate.
Arbitrary politics and blackmail of the International Monetary Fund does not depend on the initial stage to make the loan, but the policy ensures a constant intervention in borrowed state policy, because the loan is not at once, but are divided on several batches, or segments, each batch of these payments are unconditional subordination borrowed state and implementation of what is dictated by the conditions and obligations in whatever form or size. When the borrower refuses to abide State Fund policies, they will be subject to penalties and the exercise of political pressure by the Fund's member countries, especially the major contributors, such as the US, France or others.
The remaining main objective of the policy imposed by the charting approach the International Monetary Fund, represented by the objectives of the service and the interests of the capitalist countries that simplifies its influence over the fund, particularly the United States, which dominates the IMF quotas, and is based in its capital, Washington, where the target of these capitalist politics Fund imposes opening the doors open to consolidate the foundations of the capitalist economic thought in countless countries that borrow from the fund, and force it to implement this thought, and Twitter within the squadron that achieves the goals of economic globalization, according to the model of the capitalist West, without looking for any religious or moral or social considerations .
There are many models disastrous results that befell the borrowing countries, as a result of the terms of the arbitrary and destructive imposed by the IMF, such as, for example, Bolivia, which is stipulated by the IMF conditions arbitrary lending, primarily do not have room to mention, and it was its disastrous consequences for poor families deficit for the purchase of drinking water. As well as Thailand, which resulted in corrective measures imposed by the Fund to causing the deepening economic crisis and the collapse of its banking system. And with the devastation caused by the policy of the right of Bulgaria, Romania and Argentina, Yugoslavia and occupied seventh place in the list of top indebted countries in the world.
Further to the above comes to mind the question of the utmost importance, which is how the Egyptian government proceeded to take such a step, which is obvious to any sane person Labib lies the danger and ferocity of their results, is not in that system, which is leading the country into Hafah abyss of unreasonable or aware of, or has become all these were not Ergbon us nor in this ancient homeland which all've welcomed their input doom resources but no edema.
In the end, it will pay OlatheThe high price for taking that step and others, are the sons of this nation and the generations that followed by, who have Samon even just a dream of a better future, and they find no escape from the colonial domination in the new-look