Committee for the Abolition of Illegitimate Debt

There is now a monumental political crisis even as the economic crisis remains immediate and primary for ordinary people. The urgent need in order to perform those duties is for a civil, democratic governance system that can restore the confidence of the people. In spite of the imminent collapse of the existing government, the state mechanisms should perform their fundamental duties of ensuring the rights and welfare of the people. All measures demanded below are based on the premise that the government must prioritize the basic needs of the people. We recognize that people feel a deep frustration with the political class and emphasize the urgent need for the citizens of Sri Lanka to have governance systems that can restore their confidence in the people. In this context, urgently launching a humanitarian operation, with a focus on preventing national level starvation and chaos is imperative. The government in all its negotiations within and outside the country, to emerge from this crisis, MUST address these needs by allocating and reallocating resources accordingly.

While the impact of the economic crisis is felt across all corners of the island, it is daily-wage earners, those dependent on micro, small and medium enterprises, the urban working poor and other communities living in poverty along with communities already marginalised for their ethnic, religious, caste, gender and sexual identities that are the worst affected by this deepening crisis. There are people facing homelessness and destitution. For those who were living on subsistence wages, even before this crisis, the rising prices of essential items have depleted monies in hand. Communities affected by repeated tragedies - the long-drawn-out war, tsunami, Easter bombings and the Covid-19 pandemic- are yet again facing a blow to their efforts to rebuild their lives. This while life-consuming quests for truth and justice are ongoing every day.

The burden of a flailing economy invariably falls on women as economic risks are pushed into the home sphere. Women face the double burden of earning an income while performing unpaid care Care Le concept de « care work » (travail de soin) fait référence à un ensemble de pratiques matérielles et psychologiques destinées à apporter une réponse concrète aux besoins des autres et d’une communauté (dont des écosystèmes). On préfère le concept de care à celui de travail « domestique » ou de « reproduction » car il intègre les dimensions émotionnelles et psychologiques (charge mentale, affection, soutien), et il ne se limite pas aux aspects « privés » et gratuit en englobant également les activités rémunérées nécessaires à la reproduction de la vie humaine. work at home. Women struggle to ensure the well-being of their children due to obstacles to education, domestic violence, and inefficient and unjust systems of maintenance payments to single mothers. Frustrations and fears of uncertainty, hunger and the lack of basic comforts often translate into violence directed at women and children at home. The limited existing services to address such violence are further stunted due to the pandemic and now the economic crisis.

Deliberate choices made by consecutive governments in Sri Lanka have placed us in this calamity. This country has been overwhelmingly dependent on women’s labour, including for the country’s foreign exchange, through the plantation, garment and migrant labour sectors. Simultaneously, Sri Lanka’s economic policy has impacted women’s labour and every sphere of women’s lives - their material conditions, mobility, aspirations, and social status. It is the wealth gathered by exploiting women’s labour that has been squandered. No one is held accountable for this loss. Instead, yet again, women are forced to bear the brunt of an economic crisis.

The Government’s responses so far are limited to obtaining loans to address the debt situation and approaching the International Monetary Fund IMF
International Monetary Fund Along with the World Bank, the IMF was founded on the day the Bretton Woods Agreements were signed. Its first mission was to support the new system of standard exchange rates.

When the Bretton Wood fixed rates system came to an end in 1971, the main function of the IMF became that of being both policeman and fireman for global capital: it acts as policeman when it enforces its Structural Adjustment Policies and as fireman when it steps in to help out governments in risk of defaulting on debt repayments.

As for the World Bank, a weighted voting system operates: depending on the amount paid as contribution by each member state. 85% of the votes is required to modify the IMF Charter (which means that the USA with 17,68% % of the votes has a de facto veto on any change).

The institution is dominated by five countries: the United States (16,74%), Japan (6,23%), Germany (5,81%), France (4,29%) and the UK (4,29%).
The other 183 member countries are divided into groups led by one country. The most important one (6,57% of the votes) is led by Belgium. The least important group of countries (1,55% of the votes) is led by Gabon and brings together African countries.

http://imf.org (IMF) for assistance. We are concerned that actors such as the IMF and others may enforce fiscal consolidation by way of austerity policies. They have often assumed this to be a viable strategy to make debt sustainable. However, regressive tax policies such as the increase of direct tax via VAT, and cuts in public expenditure will only undermine improvements in productivity and deter inclusive economic growth along with a robust social infrastructure. Investment in health, education and care services are imperative to improve human productivity and wellbeing. Analyses of this economic crisis are dominated by neoliberal economists and mainstream macroeconomic narratives. These have largely dehumanised the crisis thus yielding responses that do not address the pressing concerns of women, working people and marginalised communities. We are seriously concerned about the long-standing causes of the crisis, such as corruption in public enterprises and failure to introduce progressive tax policies. While these remain unaddressed, we anticipate attempts to privatise public services which will again transfer the economic burden onto the people.

In this context, urgently launching a humanitarian operation, with a focus on preventing national level starvation and chaos, in partnership with the government and civil society is imperative. All measures demanded below is based on the premise that the government must prioritize the basic needs of the citizenry. The government in all its negotiations within and outside the country, to emerge from this crisis, MUST address these needs by allocating and reallocating resources accordingly.

We urge the Government to take the following steps immediately to address the unfolding humanitarian crisis:

1. Plan and implement an island-wide food distribution system: A food distribution system to reach all households with basic essential ration packs - this should include rice, oil, sugar, tea, dhal and triposha. Existing systems of Sathosa, Samurdhi and Cooperatives should be strengthened to reach everyone. As the number of people living in precarious situations and falling into poverty is increasing, the food distribution system should be universal. Implementing ‘targeted’ programmes to ‘reach only the selected poor’ as recommended by certain advisors fails to respond to the reality and targeted actions in the midst of spiralling poverty will only delay relief and further harm people. Targeting will also deepen social divisions and fire tensions further in a context of already existing frustrations
2. Prioritize nutrition and food sovereignty: Ensuring food security through controlling kerosene and gas prices; urgent support and subsidies to farmers; and relief for fisheries and other farming communities must be implemented immediately. The 2022 budget promises in relation to nutrition and food security, such as the nutrition basket for pregnant and lactating mothers, for 24 months must be implemented. Promises of a relief basket to alleviate the pressures of rising costs of living, ensuring school midday meals programme and household level relief for children must be activated.
3. A people-centred Samurdhi support system that upholds its original vision must be strengthened: Samurdhi benefits are being cut in many districts and different excuses are given at the community level. The government must respond to the reality that more families are falling below the poverty-line and expand Samurdhi benefits and increase monthly Samurdhi payments to match the rising cost of living.
4. Health sector must be supported by the State to secure and provide medicines, other essential medical equipment, health products and reproductive health services.
5. Assistance programmes (referral, support and services) to address starvation, homelessness, destitution and domestic violence: The government must set up urgent support schemes to address issues of starvation, homelessness, destitution, and domestic violence. State officials must be directed to provide these services without discrimination, prejudice, and judgment. As the increase in sexual and gender-based violence becomes inevitable, state and non-state services should ensure support services including women and child-centred shelters. Responses must be timely and have a survivor-centred approach (protect rights, privacy, recovery of the victim to build victim confidence, without any blaming or shaming or tolerance of retaliation).
6. Immediate measures to secure public revenues to implement above state programmes: We urge the government to implement progressive taxation to meet the country’s public revenue needs, including introducing appropriate wealth taxes. Such taxation must not add to the burden of the poor and working people of the country. The Government must ensure that public revenues are utilised to implement social security programmes that are responding to the crisis alongside measures to recover the economy.
7. Prioritise labour and land policies that protect people’s financial security: Successive governments have failed to address the need for a land policy that addresses people’s needs, aspirations, the climate crisis and the need for a people-focused labour policy. During this crisis, given the strong tendency to move towards exploitative measures, existing labour protections and land rights should not be undone. Distribute land to women smallholder agricultural farmers who are producing essential grains.
8. Consult women: Responding to this crisis requires consultation and participation of women. Given the dismal representation of women in decision making, it is crucial that advisory bodies, processes and responses have direct involvement of women, particularly representation of women workers and affected women.
    
   Finally, we invite Women’s Groups, Trade Unions, Farmers’, and Fisher’s collectives, Cooperatives, Religious institutions, NGOs and progressive political movements to join in solidarity for urgent action to respond to the unfolding humanitarian emergency that is threatening to destroy our collective futures Futures A futures contract is a standardized advance commitment, negotiated on an organized futures market, to deliver a specified quantity of a precisely defined underlying asset at a specified time – the ‘delivery date’ – and place. Futures contracts are the most widely traded financial instruments in the world. for generations to come.

1. Aalumai Women’s Group, Mullaithivu
2. Affected Women’s Forum, Akkaraipattu
3. Dabindu Collective, Kattunayake
4. Centre for Women and Development, Jaffna
5. Mannar Women’s Development Federation
6. Muslim women’s Development Trust, Puttalam
7. Nisha Development Group, Mulaitheevu+
8. Progressive Women’s Collective
9. Revolutionary Existence for Human Development, Katunayake
10. Sisterhood initiative, Colombo
11. Stand Up Movement, Colombo
12. Suriya Women’s Development Center, Batticaloa
13. The Grassrooted Trust
14. Uwa Wellassa Women Organization, Monaragala
15. Vallamai-Movement for Social Change, Jaffna
16. Women and Media Collective, Colombo
17. Women’s Action Network
18. Women’s Coalition for Disaster Management, Eastern Province
19. Women’s Development Center Badulla
20. Women’s Resource Centre, Kurunegala
21. Women’s Education and Research Center, Colombo

1. A Mathura
2. Amali Wedagedara
3. Anuratha Rajaretnam
4. Arany Shanthiramohan
5. Dinesha Samararatne
6. Ermiza Tegal
7. Hasanah Cegu Isadeen
8. Hyshyama Hamin
9. Iromi Perera
10. Jansila Majeed
11. J. Jana
12. Jayanthi Kuru-Uthumpala
13. K. Hemalatha
14. K. Sathiyaseelan
15. K.Mahaluxmy
16. Kamala Vasuki
17. M.Nirmaladevi
18. Ms.Juwairiya Mohideen
19. N. Arththigan
20. N.M Pasmina
21. Nabeela Iqbal
22. Nafla
23. Nishadi
24. Niyanthini Kadirgamar
25. P.Arulseei
26. Paba Deshapriya
27. R. Saththiya
28. R.Kounthini
29. Rajany Rajeshwary
30. S. Easwary
31. S. Mariyarosalin
32. S.Kobika
33. S.Niththika
34. S.Thileepan
35. Sarala Emmanuel
36. Sachini Perera
37. Shreen Abdul Saroor
38. Subashini
39. Subathra Yogasingham
40. Suganya Kandeepan
41. Thanusiya Ponnampalam
42. Thilakaradnam Unista
43. Thushithra
44. V.Shamini
45. Yathursha Ulakentheran
46. Zainab Ibrahim
47. Zihla