CSOs are urging donor countries not to change the rules for reporting debt relief as Official Development Assistance (ODA) when they meet this Wednesday (15 July)

Today, the UN Secretary General called for a sovereign debt restructuring mechanism to be established as part of the longer term response to the Covid-19 crisis and its economic impacts. The call is accompanied by a new report from UNCTAD - the main UN body dealing with trade, investment and development issues - calling for a global authority to oversee debt restructurings.

New statistics published today in the midst of the Covid-19 pandemic show donors are far from delivering on their long-standing commitments and urgently need to reassess the way aid is delivered to target those who are being left behind.

On World Health Day, amid an unprecedented global crisis, more than 100 organisations are calling for developing country debt to be cancelled to fight the Covid-19 health and economic crisis.

A report published today shows that rapidly rising and more expensive public debt is pitting the rights of creditors against those of the world’s poorest - and in particular women and girls - as countries devote up to 40 per cent of revenue to external debt service.

The OECD’s Inclusive Framework does not allow all countries to participate on an equal footing. We believe that decisions on global tax rules should be made at the United Nations.

World Bank, EIB and other major donors continue to push failed PPP model in the MENA region, according to new report

Three years have passed since the European Commission published a legislative proposal for mandatory tax transparency for multinational companies in the EU, called Public Country by Country Reporting. This week, Ministers from EU Member States will discuss the proposal for the first time at the Competitiveness Council meeting of the EU.

Together with members and allies from across Europe, Eurodad has submitted a response to the OECD consultation on the secretariat’s proposal for new international rules to determine the way taxing rights are allocated between countries. 

Cracks in the broken tax system exposed as the European court rules that a tax deal between Luxembourg and Fiat was illegal state aid, while another between the Netherlands and Starbucks was not.