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Pakistan

Saudi ’gift’ violates pak law

6 April 2014 - by Abdul Khaliq

Foreign aid is not an odd thing, if there are no strings attached. Pakistan has been receiving tied and untied foreign aid; loans, and grants from various donors ever since its birth. However, the recent massive cash grant of $1.5 billion by the (...)
Argentina: Default and Beyond What Lessons for Europe?

3 April 2014 - by Alain Cibils

The current debt crises in several European countries warrant a close look at Argentina’s substantial experience with debt crises, default and debt restructuring. Argentina’s December 2001 default is particularly relevant to the current situation (...)
Proposed EU loan would make Tunisia’s debt problems worse, say CSOs

MEPs to vote on new loan in April. Tunisia is already paying more to its Western creditors than it receives in loans and grants, and almost all of the new loan would be used for debt repayments. Brussels, 28th March 2014 Civil society groups (...)
First university of CADTM Africa

25 March 2014 - by CADTM Africa

CADTM Africa organized its first university at Hammamet, Tunisia on 22-23 March 2014. After hosting the World Social Forum in 2013, Tunisia welcomed the university of CADTM Africa. Citizens came from all over Africa - Burkina Faso, Togo, Benin, (...)
Justice for Thomas Sankara, Justice for Africa

6 March 2014 - by Réseau International « Justice pour Sankara justice pour l’Afrique »

Many witnesses, often ex-associates of Charles Taylor, implicate Blaise Compaoré in the assassination of Thomas Sankara, which was carried out with the complicity of Houphouet Boigny, other African personalities, France and the CIA. In April (...)
Puerto Rico: Debt Crisis with Caribbean Taste

8 February 2014 - by Daniel Munevar

When we mention the debt crisis the first images that come to mind are the marches and protests in the streets of Madrid or Athens. But the negative impact of the debt system on the lives of the people is felt all over the world. Not even the (...)
Life and debt: Global studies of debt and resistance

6 November 2013 - by Jubilee Debt Campaign

Report investigating the impact of debt and austerity, and campaigns for justice, in Egypt, El Salvador, Greece, Jamaica, Latvia, Pakistan, the Philippines, Portugal and Tunisia. Debt is used by international institutions and local elites to (...)
Grenada’s IMF Sunday School

12 October 2013 - by Eric LeCompte

WASHINGTON, Oct 11 2013 (IPS) - As the International Monetary Fund shares initial proposals for Grenada’s debt restructuring during the Washington DC meetings this week, the Caribbean island could gain a reputation for more than nutmeg, calypso, (...)
The Post 2015 Development Agenda

What should be included in this framework and how?

2 September 2013 - by Eric Toussaint, Daniel Munevar

History of economic development is littered with attempts to correct the “mistakes” of development policy. The preferred method was to add new elements to the agenda. This approach led an ever increasing scope of issues included in policy (...)
Debt cancellation ?

The supposed brazillian « forgiveness » of debts of African countries

18 juin 2013 - par Rodrigo Vieira de Ávila

On May 25, 2013, has been widely reported that Brazil will “forgive” or renegotiate a debt of $ 900 million dollars of 12 African countries (Congo-Brazzaville, Tanzania, Zambia, Senegal, Côte d’Ivoire, Democratic Republic of the Congo, Gabon, (...)
Brazil’s ‘debt cancellation’ for Africa leaves more questions than it answers

17 June 2013 - by Konstantinos Todoulos

On 25 May Brazil announced the “cancellation or restructuring of up to $900 million of debt owed by 12 African countries though the details remain extremely unclear, including what this may actually be worth to African countries, and crucially (...)
Cancel Pakistan’s Debt

1 June 2013 - by Jubilee Debt Campaign

Take action for Pakistan The people of Pakistan have suffered from a crippling debt for 40 years. Please sign this petition to the IMF to cancel Pakistan’s debt!
The truth about extreme global inequality

18 April 2013 - by Jason Hickel

The World Bank and the IMF have the power to impose economic policies on developing countries even when voters and elected politicians in those countries unanimously reject them [AFP] The crisis of capital, the rise of the Occupy movement and (...)
Jamaica’s decades of debt are damaging its future

16 April 2013 - by Nick Dearden

The latest IMF loan does not ’rescue’ Jamaica, whose debt must be written off if its people are to take control of their economy. Jamaica has made little progress towards the millennium development goals. Many people in Jamaica would have (...)
‘New Loans for Old’: Sri Lanka’s Spiralling External Debt

30 August 2012 - by Balasingham Skanthakumar

Sri Lanka’s foreign debt doubled between 2000 and 2012 and is now more than USD18 billion or LKR2375 billion (US$1=Rs132). In comparison, Sri Lanka’s total economic output (gross domestic product) in 2011 was under USD60 billion. As the amount (...)
Call for an international mobilisation against public debt to pay tribute to Thomas Sankara

In our world of crisis and to resist the various attacks against the populations through the worldwide austerity policies, time has come for the world’s peoples, South and North, to respond to Thomas Sankara’s call by presenting a united front (...)
Thomas Sankara: an African leader with a message for Europe

23 March 2012 - by Nick Dearden

On the 25th anniversary of Sankara’s assassination, Nick Dearden argues we need to remember him to challenge dominant views of Africa and fight our own debt crisis in Europe On 15 October 1987 a revolution was brought to an abrupt and bloody (...)
The unfulfilled promises of microcredit: some new evidence

31 January 2012 - by Stéphanie Jacquemont

Muhammad Yunus, 2006 Nobel Peace Prize laureate and founder of the Grameen Bank, made the promise of a world without poverty thanks to the magic of microfinance and social business . Since the main problem of poor people was, he said, that they (...)
Club of Addis Adeba

A United Front Against the Debt

27 October 2011 - by Thomas Sankara

“Debt is also the result of confrontation. When we are told about economic crisis, nobody says that this crisis didn’t come about suddenly. The crisis had always been there but it got worse each time that popular masses become more and more (...)
It is perfectly possible for a country to refuse to pay its debt

The Committee for the Abolition of Third World Debt (CADTM) calls on African governments to follow the examples of the developing South American countries that have refused to repay the illegitimate debts that are demanded from them. According (...)
Repay historic debt to Haiti

27 January 2011 - by Cristiano Morsolin

Haiti’s ex-leader Jean-Claude Duvalier, the dictator known as Baby Doc who was overthrown in 1986, is arrived unexpectedly in the capital Port au Prince from exile in France. Mr Duvalier has been charged with theft and misappropriation of funds (...)
Debt and poverty

11 January 2009 - by Eric Toussaint

Download the presentation of Eric Toussaint on Debt and poverty in Katmandou for a South Asian CADTM network meeting.
The End of poverty, press release

Who Will Pay For The Economic Crises A Controversial Documentary Screening in Twenty Countries For Poverty Week Knows the An

As the global economic crises deepens, activists worldwide seek to draw attention to the plight of the poor through actions this week to mark the International Day for the Eradication of Poverty and to demand that world leaders deliver on their (...)
The Paris Declaration and aid effectiveness

26 June 2008 - by Yash Tandon

Yash Tandon (2008-06-10) http://www.pambazuka.org/en/category/features/48634 The Third High Level Forum on Aid Effectiveness will be held this September in Accra. But is aid effectiveness a mirage? Yash Tandon dissects the Paris Declaration in (...)
The tsunami day by day. Drop the debt!

5 July 2005 - by Eric Toussaint, Damien Millet

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. 26th December: horror On (...)