When #DevelopmentFinance Does More Harm than Good: Case of #Indorama Agro in #Uzbekistan
" #development #banks r still failing e very pple tey claim to serve.. 60–80 #workers were reportedly perform'g unpaid labor under threat of not rcv'g new contracts — an indicator of #forcedlabor.. ~10,000 #farmers who'd lost their livelihoods were still waiting for restoration. For #IndoramaAgro, it was a convenient exit. For #IFC & #EBRD, it was an abdication of #responsibility"
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https://thediplomat.com/2025/05/when-development-finance-does-more-harm-than-good-the-case-of-indorama-agro-in-uzbekistan/