Saturday, September 1, 2012

Egypt: ''Activists protest IMF loan''

The march was called for by the Mina Danial Movement, named after a young activist killed during last year’s Maspero massacre. It also included activists from the revolutionary Socialists, the Socialist Popular Alliance Party, the Communist Party of Egypt, and the Egyptian Socialist Party, as well as other groups.

It started on Wednesday afternoon, when activists met in front of the stock market building and marched to the Cabinet building where Prime Minister Hisham Qandil was holding negotiations with a delegation from the IMF, according to a statement by the Mina Danial Movement.

The statement added that the fight against this loan is not temporary and that it is a matter of life and death. The group added “we reject the loan through all peaceful methods as we are a generation that refuses having Americans and foreigners dictate conditions and policies to us.”

The group added that policies of accepting international loans, have left people in Egypt impoverished and deprived of basic rights like housing, education, employment, and medical care in the past, and this in turn is what led people to revolt. Read More