A New Era of IMF Riots: Protests Force Haiti to Rescind Fuel Hikes

Seg haiti burning

In Haiti, massive anti-austerity protests recently shut down parts of the capital Port-au-Prince after the government tried to dramatically raise fuel prices at the behest of the International Monetary Fund. Prices for gasoline, diesel and kerosene were to rise as much as 50 percent, but the government rescinded the price hikes due to public outcry. The proposed IMF-mandated fuel hikes come amid expected cuts to food subsidies. We speak with Mark Weisbrot, co-director of the Center for Economic and Policy Research and president of Just Foreign Policy.

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