New Events

International

no events posted in last week

Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Red Cross Pays For Dependents of Asylum Seekers to Relocate to Britain Sat Aug 02, 2025 11:00 | Toby Young
The Red Cross is paying for the families of hundreds of migrants granted asylum to relocate to Britain. Confronted about this by the Telegraph, Yvette Cooper blamed the Tories. Shock!
The post Red Cross Pays For Dependents of Asylum Seekers to Relocate to Britain appeared first on The Daily Sceptic.

offsite link Scottish Prison Officer Sacked For Refusing to Call Male-Born Trans Prisoners ?She? or ?Her? Sat Aug 02, 2025 09:00 | Toby Young
A Scottish prison officer has been fired for refusing to call a male prisoner (who thinks he?s a woman) 'she' or 'her'. But with the Free Speech Union's help he's fighting back.
The post Scottish Prison Officer Sacked For Refusing to Call Male-Born Trans Prisoners ?She? or ?Her? appeared first on The Daily Sceptic.

offsite link Stockport ?Ethnic Diversity Service? Pushing Open Borders Dogma on Schoolchildren Sat Aug 02, 2025 07:00 | Charlotte Gill
Welcome to Stockport, where the council's "Ethnic Diversity Service" is busy turning schools into open-border fan clubs with bilingual assistants, cultural talks and Ramadan guides.
The post Stockport ?Ethnic Diversity Service? Pushing Open Borders Dogma on Schoolchildren appeared first on The Daily Sceptic.

offsite link News Round-Up Sat Aug 02, 2025 01:24 | Toby Young
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Families Face Losing Their Land in Solar Power Push Fri Aug 01, 2025 19:00 | Sallust
Families all over Britain are facing the real threat of losing their land and livelihoods as new solar power rules give developers the power to take over their property.
The post Families Face Losing Their Land in Solar Power Push appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

category international | economics and finance | press release author Tuesday March 24, 2020 15:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

Developing Countries Demand Debt Payments Stop

On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

"Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups. "Both among lenders and borrowers, we see growing calls to stop paying debt to save lives during the pandemic."

At G20 Finance Minister and Central Bank meetings on Monday, World Bank President David Malpass encouraged world leaders to allow very poor countries to stop paying debt. At the same meeting, the IMF's leader, Kristalina Georgieva noted the replenishing of funds in an IMF debt relief and aid mechanism that was used during the 2014 Ebola epidemic that struck 3 African countries.

"The IMF and World Bank calls for debt relief are critical in order to immediately strengthen health systems in the developing world," stated LeCompte. "In order to support all countries who need help and stop a global financial crisis we will need to broaden debt relief efforts, raise aid monies and move forward agreements that can stabilize the economy."

The leaders of LeCompte's organization, Jubilee USA, sent a letter to the head of the International Monetary Fund on Monday to take action to stop negative economic impacts of the Covid-19 virus.

The letter urges expanded debt relief and aid to bolster health-care for developing countries impacted by the coronavirus. Additional letter recommendations include debt payment moratoriums, improved debt restructuring, encouraging public budget approval processes for countries and raising revenue by curbing corruption, tax evasion and tax avoidance.

Related Link: http://www.jubileeusa.org
© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy