Press Releases

For media enquiries, please contact Eurodad's communications team at:

  • comms[at]eurodad.org

  • Julia Ravenscroft, Communications Manager: +44 7958 184695 | +32 486 35 68 14

APMDD and Eurodad reaction to the Finance in Common (FiC) Summit

Joint reaction by the Asian Peoples' Movement on Debt and Development (APMDD) and Eurodad to the third and first face-to-face edition of the Finance in Common (FiC) Summit.

  • Development Finance

The IMF-World Bank Meetings have let down the world - Reckless reliance on failed policies will worsen the situation of countries struggling with multiple crises

Eurodad calls for structural and governance reform to both institutions as Meetings show they are not fit for purpose in the 21st century

Small island developing states (SIDS) have spent 18 times more in debt repayments than they receive in climate finance, says new research

Latest analyses show 31 out of 37 small island developing states (SIDS) countries are in critical debt situation, and are having to cut public budgets over the next three years. CSOs are calling for action to tackle the twin debt and climate crises at the Annual Meetings of the World Bank and IMF

  • Debt Justice
  • IFIs

85% of the world’s population will live in the grip of stringent austerity measures by next year

Despite the millions of people being pushed into hunger and poverty*, 143 countries - including 94 developing nations - are implementing policy measures that undermine the capacity of governments to provide education, healthcare, social protection and other public services.

  • Development Finance
  • Austerity

CSOs call for an end to discrimination against women at EU events

Almost 100 civil society organisations (CSOs) and individuals sign letter condemning actions of Green MEP during European Development Days panel, and calling for new Code of Conduct

  • Gender Justice
Tove Ryding

Eurodad reaction to the European Commission’s proposal to tackle the debt-equity bias in taxation (DEBRA)

In the midst of a very difficult economic situation, it has never been more urgent to repair our broken tax system, including by addressing large-scale corporate tax avoidance. Instead of removing the tax loopholes related to debt financing, the European Commission is instead suggesting the introduction of new tax incentives related to equity financing, which could potentially open up new avenues for corporate tax avoidance.

  • Tax Justice
  • Global Processes
Eurodad

IMF/WB Spring Meetings 2022 - As crises mount, failed and insufficient solutions from the IMF and World Bank must be replaced

Call for decision-making to shift to the UN: “the most democratic global governance space we have.”

  • Development Finance
  • IFIs
Julia Ravenscroft

Open letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil Society Organisations call for issuance of more SDRs and fairer distribution ahead

A group of 17 CSOs has issued an open letter to G20 Finance Ministers, Central Bank Governors and the IMF calling for a new US$2.5 trillion issuance of reserve assets called Special Drawing Rights (SDRs), and reformed criteria for distributing them in a fairer way and according to needs.

  • Development Finance
  • SDRs
Julia Ravenscroft

Rise in overseas aid in 2021 still fails to meet needs of global crises

  • Donations of excess vaccines, in-country refugee costs, the use of private sector instruments and debt relief continues to inflate aid figures
  • 40 CSOs across the world issue a joint statement calling for more and better-quality ODA
  • Development Finance
  • Covid-19
Julia Ravenscroft

IMF plans to distribute Special Drawing Rights to those most in need require fundamental reform

New Eurodad briefing argues that the IMF’s Resilience and Sustainability Trust is far from a silver bullet and how greater commitments are needed from governments and central banks, as billions of dollars of SDRs remain unused.

  • Development Finance
  • IFIs