ILPS Global Day of Action to Junk the IMF-WB!
Since July 1944, the people of the world have suffered through more than 80 years of neoliberal economic policies, austerity measures, and debt bondage imposed by the US-led International Monetary Fund and World Bank Group (IMF-WB), especially on countries in the Global South.
Established towards the end of World War II to reap super profits from post-war reconstruction and cement the global dominance of US imperialism, the IMF-WB continues until this day to fund projects and use loans to impose anti-people structural adjustment programs that keep economies of Global South countries mired in chronic crisis and the people drowning in poverty and destitution.
The IMF-WB uses so-called ‘development projects’ to enter markets and advance the agenda of the imperialist powers to expand their power and spheres of influence in semi-colonies across the world. It is also a tool used to facilitate war and genocide, as it funds the US-Zionist Board of Peace in Gaza. All of this is done in collusion with states and corrupt government officials to further enrich billionaire oligarchs.
Since the 1980’s, a global movement has been growing to resist these imperialist international financial institutions. This year, the People’s Global Campaign Against the IMF-WB has been launched by peoples organizations of workers, farmers, women, youth, indigenous peoples with support from civil society organizations against the upcoming IMF-WB Annual Meeting in Bangkok, Thailand, which will be held from October 12-18, 2026.
Call for International Day of Action
As the people of Thailand wage militant mass protests against the IMF-WB during the opening day of its Annual Meeting in Bangkok on October 12, 2026, ILPS urgently calls on all peoples to unite and amplify the global resistance against the IMF-WB’s imperialist plunder, fascist state repression, and destruction to economies as well as people’s lives and livelihood across the globe.
The following calls can be issued during these actions (Download placards for printing here)
- Junk the IMF-WB!
- Fight the IMF-WB funded Board of Peace!
- Reject Structural Adjustment Policies!
- Fight Against Imperialist Plunder!
Actions that can be taken on or around October 12:
HOLD REGIONALLY COORDINATED ACTIONS in front of key government offices and buildings, US or other imperialist embassies, and buildings of international financial institutions (IFI) to protest their complicity and collusion with the anti-people schemes of the IMF-WB.
- Regionally-coordinated actions
- Asia Pacific & Australia
- East & Southeast Asia, Australia
- South Asia & West Asia
- Africa & Europe
- North America & Latin America
- Asia Pacific & Australia
- Country chapters can also develop their particular program of action
- Please inform the ILPS Global Secretariat of your actions and plans
TAKE A PHOTO of yourself or members of your organization holding signs with the action calls above.
- Footage of mobilizations along with photo actions. Email footage to [email protected]
WRITE AND PUBLISH STATEMENTS & VARIOUS FORMS OF PROPAGANDA exposing and opposing the schemes of the IMF-WB
HOLD POLITICAL EDUCATION sessions publicly or within your organizations about the IMF-WB and relate the ramifications of its neoliberal economic policies on the people in your country or locality. Hold education sessions on the historic development of the IMF-WB, their connection to imperialism, and the fight of the people against these neoliberal schemes.
- Watch the recording of the ILPS webinar, “Constructing ‘Development’ for Endless War: The IMF-WB as Fascist Tools for Imperialist War and Plunder”
- Hold political education on the various arms of the World Bank Group
- International Bank for Reconstruction and Development (IBRD), 1944
- International Development Association (IDA), 1960
- International Finance Corporation (IFC), 1956
- International Centre for Settlement of Investment Disputes (ICSID), 1965
- Multilateral Investment Guarantee Agency (MIGA), 1988
