South Asia

Groups worldwide urge debt-free Timor-Leste not to borrow Pending loans could endanger Timor’s future

10 September 2011

8 September 2011 - Timor-Leste and international organizations today urged "the government of Timor-Leste to keep the nation debt-free and refrain from borrowing money from international lenders.... to protect its future generations." The groups argue that "Rather than repeat the mistakes of other developing countries that have struggled with debt during recent decades, Timor-Leste should learn from their experiences, which often inflicted great hardships on their people." The letter (...)

The Second South Asian workshop on “International Financial Institutions (IFIs) and the Debt Crisis” calls demand IFIs to get out of the region.

4 May 2009

SOUTH ASIA – the region which is in a state of effective war for most of the last quarter-century has been currently, badly impacted by the global financial crisis. The blows have come at a time when it is already stumbling from the adverse effects of a severe terms-of-trade shock, the food crisis and the rising price of oil. The adverse effects of these terms of trade losses have been substantial, reflected in a slowdown of growth, worsening of macroeconomic balances and huge inflationary (...)

Press Release

Participants of South Asian Workshop call for a resistance to the anti-people policies of the World Bank, IMF, ADB and other IFIs

15 January 2009

The debt campaigners and activists from South Asia including participants from Nepal, Pakistan, Bangladesh, Sri Lanka, Bhutan and India that have assembled at Katmandu for the “2nd South Asian workshop on International Financial Institutions (IFIs) and the Debt Crisis” have called for region wide resistance movements against anti-people policies of the International Financial Institutions (IFIs) . This conference has been jointly organized by SAAPE, VAK and NGO Federation of Nepal. Around 50 (...)

Call for Peoples SAARC 2008!

20 July 2008

South Asian heads of government will meet in Colombo, Sri Lanka for the annual South Asian Association for Regional Cooperation (SAARC) summit between 27 July and 3 August 2008. More infos