A lot of things happening in #ElSalvador’s legislative assembly today w/#Bukele’s #NuevasIdeas in complete control.
$1 billion loan approved through Interamerican Development Bank (IDB).
This is major & U.S. government backed. 1/
$1 billion loan approved through Interamerican Development Bank (IDB).
This is major & U.S. government backed. 1/
https://twitter.com/LPGPolitica/status/1394776894386708481
After slew of privatization in first decades of the post-war period, Salvadorans organized in mass to push back to save healthcare, water, education from pro-corporate restructuring & plunder. US embassy & IDB have always insisted on ignoring the will of the masses on this. 2/
I never get tired of sharing this article as a very clear example of this: nacla.org/news/el-salvad…
This is what ppl like Saca, Bukele, & Biden mean when they talk about “fixing” the country’s water, healthcare, education system. 3/
This is what ppl like Saca, Bukele, & Biden mean when they talk about “fixing” the country’s water, healthcare, education system. 3/
Today’s $1 billion IDB loan will go towards “fixing” (I think we can bet a lot of $ on this meaning “privatizing”) the country’s education system. 4/
Also, my bad... I get confused with billion in Spanish.. post i quote tweeted refers to a $100 million loan... however, this is just one if several hundreds of millions related to education (amongst a historic nearly $7 billion debt accrued in #Bukele’s first 2 years). 6/
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