
Introduction
Our economy since independence (1962) became increasingly dependent on foreign loans and aid and we eventually became and heavily indebted country some of whose debts had to be forgiven. In the process we lost the independence to make policy. This role was taken over, especially from the early 1980s, by the World Bank and the International Monetary Fund. Their Structural Adjustment Programme demanded Liberalization, Privatization and Freeing of the Market1