[economy; and develop trade with the workers' states…]
Socialist Press1980 1980-11-05Read it in the scan (PDF), scan page 3 →
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economy; and develop trade with the workers' states.
Only when the austerity measures demanded by the IMF threatened the PNP with electoral disaster and under mounting pressure from the left wing of the Party did Manley finally reject the IMF conditions, resulting ın the withdrawal of loans.
His rejection of the IMF and failure to take bold and decisive measures to nationalise the Jamaican economy left the PNP government directionless and without a viable political platform in the crucial period leading up to the General Election, when the mass media were hysterically denouncing Manley as a prisoner of the "communists" within his party and throwing their full weight behind Seaga.
Despite Seaga's claim that his government would not be "tied to the coat tails of any superpower" he is expected to immediately apply to the IMF for a £200 million standby loan and he claims that unnamed international financial sources have promised him £650 million over the next three years. Socialist Press Pamphlet taining analysis of the mili coup by the Bolivian gener Price 32p incl. p&p from WSL, BM Box 5277, London WCIN 3XX
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-ORY S_UVP back into home
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o Socialist Press Defend Boliviam masses imperialism!