11/10/2026
WOMEN STRIKE DOWN NEOLIBERALISM! SHUT DOWN IMF-WORLD BANK!
Tomorrow, October 12, 2026, Filipino women and the people will take to the streets to voice our strong opposition to the US imperialist financial institutions, the International Monetary Fund and the World Bank — coinciding with their 2026 annual meeting in Bangkok, Thailand.
This is the first time in decades that the two institutions will hold their flagship summit in Southeast Asia. So tomorrow, we will amplify our voices to strike down neoliberalism and shut down the IMF-World Bank!
WHY ARE WE TAKING TO THE STREETS?
🚩 IMF-WB conditionalities are what made life harder for the people.
For almost 70 years, IMF and World Bank loans and policy prescriptions have pushed economic reforms that prioritize debt repayment, privatization, deregulation, and liberalization over the needs of the people. With these conditionalities, the Philippine government continue to sell off public services, raise taxes on the people, remove price controls, and cut the budget for social services such as health and education.
🚩 Every administration has implemented these conditions — from then until the US-Marcos Jr. regime.
❌ Privatization of power, water, oil, health, and transport has surged. Agricultural liberalization continues to plunge farmers deeper into debt and condemn them to hunger. Profits are in the hands of a few oligarchs. The burden is on the shoulders of the people.
❌ 12% VAT is being imposed on almost all basic goods. Every buyer of oil, medicine, milk for children, electricity, and water pays VAT— while massive corruption in government persists.
❌ The national debt has ballooned to ₱19.61 trillion (August 2026). The 2024 national budget alone allocated ₱670.5 billion, or 11.6% of the budget, for interest payments alone. This was public money committed to servicing debt rather than directly funding essential social services.
JOIN THE GLOBAL DAY OF ACTION VS IMF-WORLD BANK!
9:30 AM | UST, España
10:00 AM | Mendiola
WOMEN STRIKE DOWN NEOLIBERALISM! SHUT DOWN IMF-WORLD BANK!
Tomorrow, October 12, 2026, Filipino women and the people will take to the streets to voice our strong opposition to the US imperialist financial institutions, the International Monetary Fund and the World Bank — coinciding with their 2026 annual meeting in Bangkok, Thailand.
This is the first time in decades that the two institutions will hold their flagship summit in Southeast Asia. So tomorrow, we will amplify our voices to strike down neoliberalism and shut down the IMF-World Bank!
WHY ARE WE TAKING TO THE STREETS?
🚩 IMF-WB conditionalities are what made life harder for the people.
For almost 70 years, IMF and World Bank loans and policy prescriptions have pushed economic reforms that prioritize debt repayment, privatization, deregulation, and liberalization over the needs of the people. With these conditionalities, the Philippine government continue to sell off public services, raise taxes on the people, remove price controls, and cut the budget for social services such as health and education.
🚩 Every administration has implemented these conditions — from then until the US-Marcos Jr. regime.
❌ Privatization of power, water, oil, health, and transport has surged. Agricultural liberalization continues to plunge farmers deeper into debt and condemn them to hunger. Profits are in the hands of a few oligarchs. The burden is on the shoulders of the people.
❌ 12% VAT is being imposed on almost all basic goods. Every buyer of oil, medicine, milk for children, electricity, and water pays VAT— while massive corruption in government persists.
❌ The national debt has ballooned to ₱19.61 trillion (August 2026). The 2024 national budget alone allocated ₱670.5 billion, or 11.6% of the budget, for interest payments alone. This was public money committed to servicing debt rather than directly funding essential social services.
JOIN THE GLOBAL DAY OF ACTION VS IMF-WORLD BANK!
9:30 AM | UST, España
10:00 AM | Mendiola
