By threatening to withhold foreign aid, the United States coerced El Salvador into enacting last year’s Public-Private Partnership law, which privatizes public services and assets to a degree that would cause an uproar if it were attempted in the United States. The law, an initiative of El Salvador’s bilateral trade agreement with the United States, was written by US Treasury Department advisers with the IMF, World Bank and the outgoing administration of President Mauricio Funes. The proposed partnership was unveiled in November 2011 during a visit by Barack Obama.
Posted on: Wed, 19 Mar 2014 03:08:08 +0000
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