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 Jubilee South (JS) is a network of debt campaigns, social movements, people’s organizations, communities, NGOs and political formations in over 50 countries of Latin America and the Caribbean, Africa and Asia/Pacific. We aim to develop and strengthen a global South movement on the debt, in cooperation with others South and North who are struggling to build a world free of domination.
We call for the repudiation of 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’. Jubilee South further calls for restitution of and reparations for the massive ecological, moral, social, financial, and historical debt of which we - the peoples of the South - are the creditors: a debt accumulated during the long history of colonization and that continues to accrue through the continued plunder and exploitation of our resources, and our people. The realization of participatory and integral Debt Audits is an important strategy. Click here.
Total and Unconditional Debt Cancellation!
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L’Assemblée de Jubilée Sud Afrique démarre à Nairobi |
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Nairobi, 5 août- Des
militants contre la Dette, des mouvements sociaux et des organisations de toute
l’Afrique ont convergé vers Nairobi cette semaine pour la première Assemblée
continentale de Jubilée Sud Afrique. Pendant ces six jours de rassemblement,
l’accent sera mis sur l’établissement de priorités et de stratégies pour
consolider le potentiel pour une action coordonnée en Afrique, à la fois aux
niveaux national, sous-régional, et continental, et aussi comme faisant partie
du mouvement mondial Sud-Nord contre la Dette, contribuant ainsi au
renforcement de la mobilisation populaire contre la dette, contre les
politiques des institutions financières internationales, et en faveur de la
justice et de la souveraineté économique et écologique.
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Read more...
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Africa Jubilee South Assembly kicks off in Nairobi |
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Nairobi, August 5 - Debt campaigners, social
movements and organizations from across Africa have converged in Nairobi this
week for the first continental Assembly of Africa Jubilee South. The focus of the
six-day gathering will be on setting strategies and priorities to consolidate
the potential for coordinated action in Africa, at both the national,
subregional, and continental levels and as part of the global South-North debt
movement, contributing thusly to the strengthening of grass-roots mobilization
against the debt and IFI policies and in favor of economic and ecological
justice and sovereignty.
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Read more...
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Audit now! |
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The bulletin 'Audit Now!' is now in circulation. This first number is dedicated to the debt audit process that's being performed in Ecuador since last year.
It's a PDF, it can be downloaded, printed and widely disseminated.
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Debt campaigners reiterate challenge versus G8 to cancel illegitimate debts |
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 SAPPORO, Japan - Debt campaigners from Asian countries and other parts of the world today reiterated their challenge against the rich nations to do more than promise more aid to Africa. They demanded that the G8 governments cancel all illegitimate debts that people of developing countries are being forced to pay.
In a public forum in Sapporo, around 200 kilometres from the venue of the official G8 Summit in Lake Toyako, Hokkaido, members of Jubilee South- Asia Pacific Movement on Debt and Development stressed that debt is a global problem, affecting almost 100 countries in the world-from the regions of Africa, Latin America and the Caribbean, Asia and the Pacific. JS-APMDD said the total external debt claimed from Southern countries is about US$2.7 trillion.
Lidy Nacpil, JS-APMDD coordinator, said that illegitimate debts are those which cannot be rightfully claimed as debts of the peoples of the South. Read the report.
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Challenge to the G8 Governments |
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The
gathering of the most powerful countries of the world is an occasion for the
people of the world to demand that this G8 Summit address the twin 'tsunamis'
that plague humanity today – the food and climate crisis – and the continuing
problem of Debt that has contributed significantly to these two crises and
exacerbate their impacts.
The Injustice of the Debt
Burden and the problem of Illegitimate Debts
The payment of huge
amounts of debt service amplifies the effects of the food and climate crises
and hampers the ability of countries and peoples of the South to deal with
these crises. This is part of the
injustice of the debt and for this alone debt cancellation is urgent.
But the debt is more than
just the problem of losing much needed resources to debt payments. Debts which were used for harmful projects or
to impose harmful conditionalities such as those which contributed to the food
and climate crises -- these are illegitimate debts and should not be paid.
The Food crisis
The high price of oil, worsening
climate conditions and price manipulation by domestic and international trading
cartels and speculators have certainly contributed significantly to the abrupt,
massive increase in the prices of food. But the food crisis can be also be
traced to economic policies that have been imposed on the countries of the
South for decades, with the use of debt, access to credit and debt relief as
instruments for coercion.
 Download the Statement >>>
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