Tagged: gold

Press Release

The International Monetary Fund (IMF) board will meet this week [6 April] to discuss how to use the extra $2.8 billion windfall it made from selling 403.3 tons of gold late last year. The windfall profits should be used to cancel the debts of poor countries facing crises outside their control.

Woman working in the rice fields. Credit: Jerry Carreon/Oxfam

The Didipio area is a fertile agricultural region, with farmers growing food for consumption or cash crops such as citrus trees, both of which rely on clean water from the nearby river. A small farming community is battling to stop a huge gold and copper mine.

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