Debt Justice

Eurodad

More than 500 civil society organisations call for immediate debt cancellation to help lower-income countries fight Covid-19

Civil society activists from across the world have come together online to sound the #DebtAlarm, calling upon world leaders to act on debt cancellation. 

  • Debt Justice
  • Covid-19
Iolanda Fresnillo

Eurodad reaction to G20 announcements on the Debt Service Suspension Initiative (DSSI)

Today the G20 announced a six-month extension to the Debt Service Suspension Initiative. It also extended the period of debt payments suspension from four years to six years. In addition, the G20 announced a common framework for debt treatments beyond the DSSI, the details of which will be announced in November.

  • Debt Justice
  • Covid-19
Iolanda Fresnillo
Eurodad

500 organisations around the world call on IMF to stop promoting austerity in the Coronavirus recovery period + NEW Eurodad research

#Covid-19 #Austerity #IMF #HLM #CSOs #Debt #C20Summit #HumanRights #AnnualMeetings #CancelTheDebt
  • Debt Justice
  • Covid-19
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
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
  • Covid-19
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
  • 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
  • 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