WASHINGTON (voa) – Hundreds of people rallied outside World Bank and International Monetary Fund headquarters in Washington for a second day Sunday protest policies made by finance officials meeting inside.
The protesters chanted slogans denouncing what they call socially and environmentally destructive projects in developing nations. Sunday’s rally was peaceful and police report no arrests.
The protesters later marched to the Washington Monument to join a rally against U.S. policies in Colombia.
Meanwhile, banking and finance ministers from around the world are winding-up two days of meetings on debt reduction and economic development strategies for poor nations.
World Bank President James Wolfensohn announced a plan to extend primary education programs to every child in the world by 2015.
The Associated Press quotes Mr. Wolfensohn as saying the World Bank will select 10 countries for a pilot project in June to test methods for increasing school enrollment.
On Saturday, the finance officials agreed that the world economy is recovering from recession. However, they also acknowledged that rising oil prices, ongoing economic stagnation in Japan, and Argentina’s economic woes threaten the global recovery.
