Writer: Salma Hussein
In Lebanon, Egypt, and around the world, popular sentiment speaks the truth. In 2012 and again in 2013, the Egyptian masses rallied in the streets, and political parties, civil society organizations, and political and cultural elites protested against an agreement with the IMF. Neither the masses nor those elites knew the details of the agreement. One might say it was a protest for the sake of protesting.
However, it later became clear that the protest was due to a sound intuition based on previous international and local experiences, through which people learned that the IMF is not up to any good. Over the past decade, despite the vast geographic scope and the varying local circumstances of each country, results were similar, without a single success story in the region.
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