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Why should Pakistan trust us?
by
Nick Dearden
28 July 2010
The Afghan ‘war leaks’ have revealed in stark detail the mistrust and tension that lies at the heart of the West’s relationship with Afghanistan and Pakistan. But this mistrust is not merely the product of a nine-year war, but of decades of economic control which have sewn the seeds of inequality, injustice and appalling governance across the Muslim world. Indeed for Western governments to lecture countries like Pakistan about democracy and stability, as David Cameron did this morning, must (...)
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Make use of G8 summit to ask for debt write-off
by
Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)
9 July 2008
Jakarta - The Anti Debt Coalition (KAU) has called on the government to capitalize on the summit which will take place near Lake Toya Hokaido, Japan, on July 7-9, 2008 to ask for the writing off of Indonesia’s foreign debt. This had to be done by Indonesia on the ground that 91 percent of its bilateral foreign debt which now stood at Rp258.96 trillion was to G-8 countries, KAU Chairman Dani Setiawan said here on Thursday. The debt writting off was a form of responsibility of (...)
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KPK urged to investigate foreign debt management
by
Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)
25 June 2008
Jakarta (ANTARA News) - The Anti-Debt Coalition (KAU) on Thursday urged the Corruption Eradication Commission (KPK) to investigate the ways in which the country`s foreign debts are managed. "The KPK is making one step forward now that it begins to touch issues related to foreign debts by monitoring or controlling their management," KAU Chief Dani Setiawan said in a statement issued on Thursday. The existence of idle funds from foreign debts could be the result of the people`s low (...)
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Governments urged special audits on foreign debt management
by
ANTARA News
20 May 2008
A non-governmental organization urged the government to conduct special audits on the management of Indonesia`s foreign debt in order to ascertain its effectiveness from the viewpoint of the government as its user and the creditors` responsibility. "The use of foreign debt must be audited comprehensively and transparently so that the public will have an understanding of the government`s rationale in covering state budget deficits with foreign loans," Dani Setiawan, chairman of the (...)
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Towards Indonesia Free From Debt
by
Koalisi Anti Utang (KAU-Anti Debt Coalition Indonesia)
7 May 2008
The Third National Meeting of Anti Debt Coalition (Koalisi Anti Utang) held in Yogyakarta on 11st-15th April 2008 had delivered several recommendations to urge agenda ’Indonesia free from debt.’ This meeting mandated Dani Setiawan as chairman of Anti Debt Coalition for period 2008 to 2012. These resulted recommendations rely on facts that development model that lean on foreign debt has caused seizing of Indonesia political and economy sovereignty. Together with conditionalities attached on (...)
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Anti Debt Coalition Indonesia rally against IMF in jakarta
6 February 2007
NGOs stage rally against IMF Jakarta (ANTARA News) Tens of non-governmental organization (NGO) members grouped in the Anti-Neocolonialism and new imperialism movement staged a rally in front of the Merdeka Palace here on Wednesday. The rally opposing new debts and asking for debt write-off, took place during a meeting between Executive Director of International Monetary Fund (IMF) Rodrigo Rato and President Susilo Bambang Yudhoyono in the palace. The group consisted of several NGOs (...)
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Tsunami Aid or Debt Cancellation
4 December 2006
The studies in this book by Damien Millet, Eric Toussaint and François Houtart analyses the link between the post-Tsunami reconstruction and the cancellation of the multi and bilateral aid of the Tsunami affected countries. They are arguing that even before the Tsunami that ravaged the coast lines, the coastal poor were suffering from the powerful neoliberal wave. The servicing of debt which accounts for the colossal amount is a major obstacle to the development of these countries. Their (...)
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International press
Indonesia IMF payback is end of key chapter for Asia
by
Turkishdailynews
3 July 2006
Indonesia’s move to repay its International Monetary Fund (IMF) debt early marks the final chapter of the financial crisis that tortured Asia almost a decade ago, just as investors are again growing wary of emerging markets. Indonesia is the last of the Asian countries hit by the 1997/98 crisis to pay off its debts, which will free it from the IMF and the policy prescriptions it has grudgingly accepted. The plan to repay as early as this year $7.8 billion of loans due in 2010 will save (...)
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Press release
Prevent A Man-Made Disaster: Cancel Indonesia’s Debt
23 June 2006
Jubilee USA press release: Indonesia Requires Debt Cancellation to Rebuild after Earthquake.
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Indonesia: History of a bankruptcy orchestrated by IMF and the World Bank
by
Éric Toussaint,
Damien Millet
10 July 2005
The present text is part of a book to be published by VAK in Mumbai. The present text was first published in French in Damien Millet - Eric Toussaint, Les Tsunamis de la dette, CADTM-Syllepse, Liège-Paris, 2005. Media coverage of the tsunami suddenly made Indonesians seem like distant relatives struck by misfortune. Effective aid will call for better knowledge of their history. It requires knowing where they come from, what their hopes, disappointments, successes and misfortunes have (...)