Morales about the IMF: "the wolf can not keep the flock"
April 3, 2009 - Annahar Online

The Bolivian President Evo Morales has denounced Friday the injection of more than 1,000 billion dollars through the IMF against the global crisis, saying that countries at the root of the crisis can not solve it, or his words, that "the wolf can not keep the flock."

"It's like giving money to the wolves, or to entrust the care of the flock: the wolf is not going to keep the sheep, it will devour them," Morales told the foreign press in La Paz, commenting on the decisions G20 in London to fight against the crisis.

"It is not possible that the countries of capitalism, which has caused the financial crisis, are now the same from where comes the solution," said the Socialist leader, adding that few countries are at the origin of this financial crisis, but "180 must cope."

Bolivia is experiencing the beginning of economic deceleration, and is 5% growth at best in 2009, against 6.5% in 2008.

"As long as we do not touch the structural points of capitalism, it will be difficult to resolve the financial crisis," said Morales about the G20. "If we want to solve economic problems, we must first end the free market, then the speculative capitalism."

Morales has challenged the role of the International Monetary Fund (IMF), accusing him of the award of credit conditions, as "the privatization of our natural resources, our basic services, to implement the business models that are part of the capitalist system."

Ennaharonline / AFP