Debt Justice

Asian Peoples' Movement on Debt and Development (APMDD)

The Philippines, Covid-19 and debt: Left alone to deal with the pandemic

The Philippines has been in a vulnerable position since the beginning of the Covid-19 pandemic. This vulnerability can be explained by social, economic, health and financial factors. As a result of these pre-existing conditions, the crisis has been acutely felt by the population of the country. 

  • Debt Justice
  • Covid-19
Daniel Munevar

Arrested Development: International Monetary Fund lending and austerity post Covid-19

A Eurodad-led review reveals insufficient and inadequate multilateral response to the Covid-19 pandemic on the part of the IMF, locking a large number of countries into a decade-long crisis of debt and austerity. 

Read the report in EnglishSpanish, Portuguese and French.

  • Debt Justice
  • Debt Sustainability
Julia Ravenscroft

Over 500 organisations and academics around the world call on IMF to stop promoting austerity in the Coronavirus recovery period

  • Eurodad analysis shows Covid-19 ‘recovery packages’ could force tax increases and spending cuts in 80 developing countries by 2023, threatening achievement of SDGs.
  • 59 countries have fiscal consolidation plans over next three years that are almost five times larger than Covid-19 response packages implemented in 2020
  • Debt Justice
  • Debt Sustainability
Eurodad

Civil Society Organisations’ statement against continued IMF austerity

More than 500 civil society organisations are calling on the International Monetary Fund (IMF) to immediately stop promoting austerity around the world, and instead advocate policies that advance gender justice, reduce inequality, and decisively put people and planet first. 

  • Debt Justice
  • Global Processes
Eurodad

Heads of states meeting: No more excuses - time for global economic solutions

#Covid-19 #UN #FinCEN #Tax #DebtSustainability #OECD #DAC #UNFCCC #Unga

  • Debt Justice
  • Global Processes
Jesuit Center for Theological Reflection (JCTR)

Zambia, Debt and Covid-19

The pandemic has had a devastating impact on the living conditions of the population of Zambia. Debt relief with private creditor participation is required now to ensure the country can boost its Covid-19 response and support a sustainable recovery.

  • Debt Justice
  • Debt Sustainability
Eurodad

Urgent debt relief needed as Pakistan faces perfect debt trap

#Covid-19 #Pakistan #Debt #CSOs #Debt #Jubilee

  • Debt Justice
  • Covid-19
Abdul Khaliq

Urgent debt relief needed as Pakistan faces perfect debt trap

The indicators of a severe debt crisis were already present in Pakistan long before the Covid-19 crisis hit. Coordinated efforts by CSOs all round the world are needed to ensure that countries like Pakistan are not left alone dealing with its impact.

  • Debt Justice
  • Debt Sustainability

Debt Justice webinar series

  • Debt Justice
  • Covid-19
Maria Jose Romero

G20 Finance Ministers: Lack of action leaves developing countries shouldering a heavy burden

This weekend, G20 Finance Ministers passed up the chance to scale up debt relief to developing countries, demonstrating a galling lack of urgency in the face of the debt crisis engulfing a pandemic-stricken globe. Worse still, their approach risks making a bad situation worse.

  • Debt Justice
  • Debt Resolution