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Stop mounting pressure on countries to privatize water

PSI is calling on the World Bank to cease mounting pressure on countries to privatize water and other public services. The World Bank should heed studies by its own Independent Evaluation Group (IEG) which call into question the results of many years of privatization. Further, Bank Executives should look in their own group of countries to see that water privatizations are increasingly being reversed, having failed to deliver on their promises. They should not export their failed policies to Nigeria and in extension, Africa, whether in hopes on winning contracts for their home companies, or from ideological rigidity.”

Source: www.world-psi.org

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