#CancelTheDebt | #StopTheHarm, Reparations Now! | 📣 Global Days of Action Against the IMF-World Bank | 15-27 OCTOBER 2024
Joined September 2020
- Tweets966
- Following190
- Followers491
- Likes735
To #HLPF: without real debt relief, including thru cancelation of illegitimate & unsustainable debts, your call for accelerated action on #SDGs will NOT be met. We need just, democratic rules on borrowing & lending.
#CancelTheDebt
#UNDebtConventionNow
which cost developing countries an unparalleled $1.4 trillion in 2023 alone. The cause is not lost for fairer, democratic rules in lending and borrowing. Support the call for a #UNDebtConvention!
#CancelTheDebt
To #HLPF - As Bangladesh’s presents its SDG national review, we note that almost 17% of national revenue went to external debt repayments in 2024, while a mere 3.08% was budgeted for health. Meanwhile, it lags behind in health indicators, such as a maternal mortality rate
of 163 deaths per 100,000 live births or more than double the national priority target of 70. (SDG Tracker, Bangladesh). Prioritizing debt service puts lives at risk. We need a#UNDebtConvention to establish fair and democratic rules on lending and borrowing.
#CancelTheDebt
🌊Time and again, we are forced to borrow in the aftermath of crises we did not create, driving us deeper into unsustainable debt. This cycle cannot continue," said the Alliance of Small Island States (AOSIS) in a statement to #FFD4, hoping for bold actions from the Conference.
countries stand in the trillions of dollars. But debt service payments eat up funds for the #SDGs and other development needs, while loans continue to be aggressively pushed as climate finance upon the majority of Global South peoples who least contributed to the climate crisis.
We call on the delegates to #HLPF2025, as you ponder how the $4 trillion++ SDG finance gap will be closed — we need fairness and democracy in global debt rules, and shift away from IFI and G7 dominated spaces. #UNDebtConvention #LeaveNoOneBehind #CancelTheDebt
To #HLPF: SDG5/Gender Equality faces a $360B annual gap. Not surprising with debt interest payments eating up education, health & social protection budgets in the Global South. Remember the pledge #LeaveNoOneBehind - Women's rights first, not debt service!
#CancelTheDebt
#HLPF2025 comes at the heels of #FFD4, where a weakened #CompromisoDeSevilla brought us no closer to addressing massive debt burdens that block fulfilling many #SDGs. Democratizing debt governance would have been a key step towards finding durable solutions,
including debt cancellation, to the SDG's annual financing gap of over US$4 trillion. The fight continues for a #UNDebtConvention!
@AsianPeoplesMvt
#LeaveNoOneBehind
Global Action for Debt Cancellation retweeted
End the double-speak and walk the talk @G7! Stop coddling private lenders and peddling false financial solutions. @debtgwa
#CancelTheDebt
#G7Summit2025
#DebtJusticeNow
Global Action for Debt Cancellation retweeted
📢Call them out! #EU, #JAPAN, #UK are effectively opposing #DebtJustice in #FFD4, protecting a system that impoverishes millions in the Global South with burdensome debt.
#UNDebtConvention
@GobiernoMX @NorwayUN @NepalUNNY @ZambiaMissionUN
@ZambiaUN
@MexOnu
Global Action for Debt Cancellation retweeted
⚠️The #UK and #EU are actually saying NO🤚to democratic debt governance demanded by the Global South, blocking chances for an #FFD4People and hindering urgent action on the DEBT INJUSTICE that the Global South already bears. @debtgwa @NepalUNNY @NorwayUN @ZambiaMissionUN
Global Action for Debt Cancellation retweeted
📢Stay the course, no weakening of ambition for bold, meaningful actions that the Global South needs from FFD4! #UNDebtConvention @NepalUNNY @NorwayUN @ZambiaMissionUN @MexOnu @PakistanUN_NY #DebtJustice @debtgwa @cs_ffd @AsianPeoplesMvt
The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. 👎
Our press release: eurodad.org/eu_and_uk_block_…
ALT "The refusal by the EU and UK to support a debt reform process at the UN is deeply concerning. the outcome of these talks will have far-reaching consequences for the global financial system and the lives of billions across the Global South." Iolanda Fresnillo, Eurodad
Global Action for Debt Cancellation retweeted
📢𝗪𝗼𝗿𝗹𝗱 𝗕𝗮𝗻𝗸 𝗼𝗻 𝗧𝗿𝗶𝗮𝗹📢
Independent People's Tribunal on World Bank/IMF @ 80 Years
📍 𝗩𝗲𝗻𝘂𝗲: 𝗕𝗵𝗮𝗿𝗮𝘁 𝗦𝗮𝗯𝗵𝗮 𝗛𝗮𝗹𝗹, 𝗡𝗲𝗮𝗿 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗠𝗲𝘁𝗿𝗼 𝗦𝘁𝗮𝘁𝗶𝗼𝗻 𝗚𝗮𝘁𝗲 𝗡𝗼 𝟱, 𝗞𝗼𝗹𝗸𝗮𝘁𝗮
📅 𝗗𝗮𝘁𝗲: 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿 𝟳, 𝟮𝟬𝟮𝟰
🕤 𝗧𝗶𝗺𝗲: 𝟭𝟬.𝟯𝟬𝗮𝗺 - 𝟭𝟭.𝟯𝟬𝗮𝗺
𝘛𝘩𝘪𝘴 𝘴𝘦𝘴𝘴𝘪𝘰𝘯 𝘸𝘪𝘭𝘭 𝘱𝘳𝘰𝘷𝘪𝘥𝘦 𝘢 𝘣𝘢𝘤𝘬𝘨𝘳𝘰𝘶𝘯𝘥 𝘰𝘯 𝘵𝘩𝘦 𝘪𝘯𝘷𝘰𝘭𝘷𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘞𝘰𝘳𝘭𝘥 𝘉𝘢𝘯𝘬 𝘎𝘳𝘰𝘶𝘱 𝘪𝘯 𝘐𝘯𝘥𝘪𝘢, 𝘪𝘵𝘴 𝘤𝘩𝘢𝘯𝘨𝘪𝘯𝘨 𝘯𝘢𝘵𝘶𝘳𝘦 𝘰𝘧 𝘪𝘯𝘵𝘦𝘳𝘷𝘦𝘯𝘵𝘪𝘰𝘯𝘴, 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘢𝘳𝘦𝘢𝘴 𝘰𝘧 𝘧𝘰𝘤𝘶𝘴. 𝘛𝘩𝘪𝘴 𝘴𝘦𝘴𝘴𝘪𝘰𝘯 𝘸𝘪𝘭𝘭 𝘢𝘭𝘴𝘰 𝘢𝘥𝘥𝘳𝘦𝘴𝘴 𝘵𝘩𝘦 𝘱𝘳𝘦𝘴𝘴𝘪𝘯𝘨 𝘪𝘴𝘴𝘶𝘦 𝘰𝘧 𝘢𝘤𝘤𝘰𝘶𝘯𝘵𝘢𝘣𝘪𝘭𝘪𝘵𝘺, 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵𝘪𝘯𝘨 𝘵𝘩𝘦 𝘉𝘢𝘯𝘬’𝘴 𝘭𝘦𝘨𝘢𝘭 𝘪𝘮𝘮𝘶𝘯𝘪𝘵𝘺 𝘵𝘩𝘢𝘵 𝘭𝘪𝘮𝘪𝘵𝘴 𝘳𝘦𝘤𝘰𝘶𝘳𝘴𝘦 𝘧𝘰𝘳 𝘢𝘧𝘧𝘦𝘤𝘵𝘦𝘥 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴 𝘵𝘩𝘦 𝘵𝘳𝘢𝘯𝘴𝘱𝘢𝘳𝘦𝘯𝘤𝘺 𝘰𝘧 𝘪𝘵𝘴 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴. 𝘉𝘺 𝘦𝘹𝘢𝘮𝘪𝘯𝘪𝘯𝘨 𝘵𝘩𝘦𝘴𝘦 𝘦𝘷𝘰𝘭𝘷𝘪𝘯𝘨 𝘳𝘰𝘭𝘦𝘴 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘢𝘤𝘤𝘰𝘶𝘯𝘵𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘨𝘢𝘱𝘴, 𝘵𝘩𝘪𝘴 𝘴𝘦𝘴𝘴𝘪𝘰𝘯 𝘸𝘪𝘭𝘭 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩 𝘢 𝘣𝘳𝘰𝘢𝘥 𝘰𝘷𝘦𝘳𝘷𝘪𝘦𝘸 𝘧𝘰𝘳 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 𝘞𝘰𝘳𝘭𝘥 𝘉𝘢𝘯𝘬’𝘴 𝘤𝘰𝘮𝘱𝘭𝘦𝘹 𝘢𝘯𝘥 𝘱𝘦𝘯𝘦𝘵𝘳𝘢𝘵𝘪𝘯𝘨 𝘪𝘯𝘧𝘭𝘶𝘦𝘯𝘤𝘦 𝘪𝘯 𝘐𝘯𝘥𝘪𝘢.
Join us for a two-day India-focused tribunal examining the World Bank and IMF's impact on our nation's economy, development, and the growing debt burden.
🔖 Organized by Working Group on International Financial Institutions
🔗 Details: wgonifis.net
About the Tribunal:
The Independent People's Tribunal on the World Bank/IMF @ 80 will bring a critical focus on the World Bank and IMF's influence in India and across the Global South. As these institutions mark 80 years, people’s movements and organisations under the Working Group on International Financial Institutions have come together to examine the cross-sectoral impacts of their projects on India’s economic and political sovereignty. Through testimonies, case studies, and a formal chargesheet, the tribunal aims to expose how IFI-funded projects have affected communities, heightened inequality, and shaped India's development trajectory.
@tweetNHF @napmindia @focussouth @AsianPeoplesMvt @apmdd_ind @EarthRightsIntl @brettonwoodspr @FoEIndia @NFF_India2017 @forum_adb @VikalpSangam @Sambhaavnaa_ @Indian_Rivers @Youth4ClimateIn @EndangeredHimal
