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 Jubilee South (JS) is a network of debt campaigns, social movements, people’s organizations, communities, NGOs and political formations. The Jubilee South network aims to develop and strengthen a global South movement on the debt. We have members from over 40 countries from the regions of Latin America and the Caribbean, Africa and Asia/Pacific, representing 85 anti-debt groups.
Jubilee South asserts that we -- the peoples of the South-- are the real creditors of a massive ecological, moral, social, financial, and historical debt. A debt that accumulated over the last few centuries during the long history of colonization, and that continues to accrue today through the continued plunder and exploitation of our resources, and our people.
On the debt imposed on us by the IMF, the World Bank, other international financial institutions (IFIs) and Northern governments to further their own profit and interests - we reiterate their total and absolute nullity. We call for the repudiation of such unjust and illegitimate debt for undermining popular sovereignty and for holding the people and countries of the South captive to the chains of poverty and ‘underdevelopment’. Click here.
Total and Unconditional Debt Cancellation!
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Mass Action in front of ADB Office in Manila, Philippines |
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 Members of the Jubilee South-APMDD and Freedom from Debt Coalition today echoed the opinion of civil society
groups participating in Madrid, calling on the ADB to junk the Long Term Strategic Framework (LTSF),
also called Strategy 2020, because it would only continue and deepen the privatization of public services, among others at the expense of the welfare and interest of the country's poor.
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ADB Strategy 2020: Selling Asia to the Private Sector |
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The 41st Annual Governors Meeting (AGM) of
the Asian Development Bank (ADB) is taking place in Madrid, Spain from May 3 to
6, 2008. One of the main agenda of this
meeting is the ADB’s strategy for the next years for what it describes as a
‘New Asia.’ The ADB calls it “Strategy
2020” and is contained in the paper called the “Long Term Strategic Framework
(LTSF).”
According
to ADB President Haruhiko Kuroda, this new strategy “reshapes, redirects, repositions
ADB for a more innovative and effective development role in our rapidly changing
region and within the international aid architecture.”
For
forty years we have been witness to ADB’s support for the private sector and
advocacy of free market policies, and the consequent harmful impacts on
services, livelihoods, food security and the environment.
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Read more...
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for PDF file download the following: |
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JS-APMDD at the ADB-AGM! |
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 On May 3 to 6, the Asian Development Bank would be holding its 41st Annual Governor's Meeting in Madrid, Spain. The Asian Development Bank is an international financial institution that operates in Asia, but is jointly owned not only by Asian governments, but also governments of European countries and the US.
The event will bring to Madrid representatives, movements and NGO's from Asia who are actively challenging the ADB as its policies, financing and other operations have had negative impacts on the people, economic and environment of Asia, and has contributed to global problems such as Climate Change. click here for more info...
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US Congress Passes the Jubilee Act! |
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Jubilee Act for Responsible Lending and Expanded Debt Cancellation Passes
House of Representatives with Bi-Partisan Support; Senate Panel to Consider
Issue April 24
Jubilee USA
Network
www.jubileeusa.org
FOR IMMEDIATE RELEASE
Wednesday, April 16, 2008
Contact: Eleiza Braun, Massey Media, 415-420-4059
Neil Watkins, Jubilee USA,
202-783-0129, 202-421-1023 (c)
WASHINGTON
– Leaders of churches, development agencies, civil rights, labor, and human
rights groups today praised the passage by the US House of Representatives by a
vote of 285-132 of the Jubilee Act (HR 2634). The legislation calls the US
Treasury Department to negotiate a multilateral agreement for debt cancellation
for up to 24 additional poor countries that need cancellation to meet the
Millennium Development Goals (MDGs).
Jubilee USA Network is an alliance of 80 organizations that has been leading
the advocacy for the legislation. "We commend the US Congress for its bold
step in passing the Jubilee Act and listening to the people of the impoverished
nations who have borne the burden of unjust debt for far too long," said
Patricia Rumer, co-chair of the Board of Jubilee USA Network.
"We hope that House passage will inspire the US Senate to move
quickly to also pass the Jubilee Act and send it to the President for immediate
action."
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Statement with the complete list of signatories