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Jubilee USA Statement on IMF and World Bank Meetings and Development Committee Communiqué

The Development Committee, a ministerial-level consensus building and policymaking body for the World Bank and the IMF, met as part of the Spring IMF and World Bank Meetings.

Eric LeCompte the Executive Director of the religious development organization Jubilee USA, a UN expert who monitors IMF and World Bank meetings, releases the following statement on the meetings and World Bank Development Committee Communiqué:

The Shortwave Report 04/09/21 Listen Globally!

This week's show features stories from Spanish National Radio, NHK Japan,  Sputnik Radio, Radio Havana Cuba, and Radio Deutsche-Welle.http://www.outfarpress.com/swr210409.mp3   (If you have access to Audioport there is a highest quality version posted up there {33MB} http://www.audioport.org/index.php?op=producer-info&uid=904&nav=&)        From SPAIN- Protests gr

Jubilee USA Statement on World Bank and IMF Annual Meetings and IMFC Communiqué

World leaders, finance ministers, heads of corporations and development groups are meeting virtually for the World Bank and IMF Spring Meetings. The International Monetary and Financial Committee (IMFC), the IMF policymaking body, discussed policy responses to the global COVID-19 economic crisis, including tax, aid, vaccines, Special Drawing Rights and debt processes to support developing countries.

Commentary: effect of DC's decade of IMF protest on current IMF/World Bank policy

On the 5th of April, Jubilee USA reported that the IMF has agreed to suspend "debt" repayments during the pandemic from 28 of the world's poorest countries. While this falls far short of the original and ongoing demand of full debt cancelllation, there is no way the pre-A16/April 2000 IMF and World Bank would have done this. A decade of protests mostly in DC came in between.

260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response

As G20, IMF and World Bank Spring Meetings convene virtually on global COVID response, 260 groups call for developing country aid and policies to prevent future crises and protect the environment.

Organized by Jubilee USA Network, 260 religious groups, anti-poverty organizations, labor unions, environmental and human rights institutions signed a letter on coronavirus crisis response to the White House, G20 and IMF. 

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