A debt jubilee to tackle the Covid-19 health and economic crisis
International call
9 April by Collective
The International CADTM network agrees to sign despite the fact that we are opposed to asking the IMF to “introduce clear guidelines for deciding when a debt becomes unsustainable, and to abide by its self-imposed rule that it will only lend to states whose debt is deemed unsustainable in the event of default or debt restructuring”.
The CADTM recommends that the IMF and the World Bank should never be trusted and that agreements should never be made with these institutions, which have proven throughout their existence the harmful nature of their actions.
Nevertheless, the CADTM signs the appeal because it is clearly stated that “Borrowing States have the power to stop repaying their debt, and should not incur penalties if they do so. All lenders should therefore agree to the immediate cancellation of payments on debts due in 2020, without accumulation of interest and charges and without penalties.”
Source: Jubilee Debt Campaign
Other articles in English by Collective (60)
-
Open Letter to All Governments, International Institutions and Lenders
14 October, by CADTM International , Collective
-
Global Economic Solutions Now!
1 October, by CADTM International , Collective
-
Golden Dawn Τrial: They are not innocent!
29 September, by Collective
-
Fighting the actors of financialization and prohibiting profit on illegitimate private and public debt
22 September, by CADTM , Collective , Virginie de Romanet , Renaud Vivien , PAH , Antonio Gambini , ACiDe , Vicente Losada , Eva Betavatzi , Gilles Grégoire , Spanish Platform against vulture funds , Mats Lucia Bayer , Walter Actis , Ángel del Castillo , Mari Ángeles Bueno , Roberto Moreno , Miguel Vázquez , Pedro Martin Heras
-
Solidarity to Refugees of Moria
11 September, by Collective
-
Package of common demands on debt and the need for citizens’ control on finance at European level - Executive summar
3 August, by CADTM , Collective
-
Immediate cancellation of South Asian debts!
8 June, by CADTM , Collective
-
COVID-19 Time for a Renewed Anti-Debt Movement
29 May, by Collective
-
“Business as usual” at Socfin and Bolloré...
26 May, by CADTM France , Collective
-
Call of peoples, organizations, movements and networks in North Africa and the Middle East/The Arab region – For the cancellation of debts and dropping of the “free trade” agreements
20 May, by Collective
-
Open Letter to All Governments, International Institutions and Lenders
14 October - CADTM International, Collective -
Global Economic Solutions Now!
1 October - CADTM International, Collective -
Immediate cancellation of South Asian debts!
8 June - CADTM, Collective -
Time For A Renewed Anti-Debt Movement
1 June - Eric Toussaint, Beverly Keene, Lidy B. Nacpil, Dorothy Guerrero -
Nepal needs Total Debt Cancellation to face the Covid-19 Crisis
23 April - Praman Adhikari
-
The World Bank’s response to COVID-19
29 October - Susan Engel, Nadeen Madkour, Owain Williams -
Arrested Development: International Monetary Fund lending and austerity post Covid-19
13 October - Daniel Munevar -
IMF’s new policy at odds with green Covid-19 recovery
13 October - Bizcommunity -
How the IMF and World Bank Turned a Pandemic into a Public Relations Stunt
13 October - Walden Bello -
The Bretton Woods Twins in the Era of COVID-19: Time for an Exit Strategy for the Global South?
13 October - Focus on the Global South
-
Evolution of the external debt of Developing Countries between 2000 and 2018
26 October - Eric Toussaint, Milan Rivié -
Debt disaster with no escape
19 October - Michael Roberts -
The CADTM denounces the G20’s measures on debt
17 October - CADTM International -
World Bank and IMF: 76 Years is Enough! Abolition!
15 October - Eric Toussaint -
Zambia, Debt and Covid-19
28 September - Afrodad, JCTR
CADTM
COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
35 rue Fabry
4000 - Liège- Belgique
00324 226 62 85
info@cadtm.org
