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Global Action for Debt Cancellation Profile
Global Action for Debt Cancellation

@debtgwa

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#CancelTheDebt | #StopTheHarm, Reparations Now! | ๐Ÿ“ฃ Global Days of Action Against the IMF-World Bank | 15-27 OCTOBER 2024

Joined September 2020
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@debtgwa
Global Action for Debt Cancellation
4 months
To #HLPF: without real debt relief, including thru cancelation of illegitimate & unsustainable debts, your call for accelerated action on #SDGs will NOT be met. We need just, democratic rules on borrowing & lending. #CancelTheDebt #UNDebtConventionNow
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@debtgwa
Global Action for Debt Cancellation
5 months
which cost developing countries an unparalleled $1.4 trillion in 2023 alone. The cause is not lost for fairer, democratic rules in lending and borrowing. Support the call for a #UNDebtConvention! #CancelTheDebt
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@debtgwa
Global Action for Debt Cancellation
5 months
#HLPF delegates: Where's the public money for advancing the HLPF2025 theme of advancing durable solutions for the 2030 Agenda and its #SDGs for leaving no one behind? It's being siphoned into debt service,
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@debtgwa
Global Action for Debt Cancellation
5 months
of 163 deaths per 100,000 live births or more than double the national priority target of 70. (SDG Tracker, Bangladesh). Prioritizing debt service puts lives at risk. We need a#UNDebtConvention to establish fair and democratic rules on lending and borrowing. #CancelTheDebt
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@debtgwa
Global Action for Debt Cancellation
5 months
To #HLPF - As Bangladeshโ€™s presents its SDG national review, we note that almost 17% of national revenue went to external debt repayments in 2024, while a mere 3.08% was budgeted for health. Meanwhile, it lags behind in health indicators, such as a maternal mortality rate
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@debtgwa
Global Action for Debt Cancellation
5 months
We call on the delegates to #HLPF2025, as you ponder how the $4 trillion++ SDG finance gap will be closed โ€” we need fairness and democracy in global debt rules, and shift away from IFI and G7 dominated spaces. #UNDebtConvention #LeaveNoOneBehind #CancelTheDebt
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@debtgwa
Global Action for Debt Cancellation
5 months
countries stand in the trillions of dollars. But debt service payments eat up funds for the #SDGs and other development needs, while loans continue to be aggressively pushed as climate finance upon the majority of Global South peoples who least contributed to the climate crisis.
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@debtgwa
Global Action for Debt Cancellation
5 months
But Global North interests watered down the Sevilla Commitment, in effect rejecting calls to move decision-making on public debt away from lender-dominated processes. Only 5 years to the #SDGs deadline, the development finance challenges to AOSIS and many other Global South
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@debtgwa
Global Action for Debt Cancellation
5 months
๐ŸŒŠTime and again, we are forced to borrow in the aftermath of crises we did not create, driving us deeper into unsustainable debt. This cycle cannot continue," said the Alliance of Small Island States (AOSIS) in a statement to #FFD4, hoping for bold actions from the Conference.
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@debtgwa
Global Action for Debt Cancellation
5 months
To #HLPF: SDG5/Gender Equality faces a $360B annual gap. Not surprising with debt interest payments eating up education, health & social protection budgets in the Global South. Remember the pledge #LeaveNoOneBehind - Women's rights first, not debt service! #CancelTheDebt
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@debtgwa
Global Action for Debt Cancellation
5 months
including debt cancellation, to the SDG's annual financing gap of over US$4 trillion. The fight continues for a #UNDebtConvention! @AsianPeoplesMvt #LeaveNoOneBehind
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@debtgwa
Global Action for Debt Cancellation
5 months
#HLPF2025 comes at the heels of #FFD4, where a weakened #CompromisoDeSevilla brought us no closer to addressing massive debt burdens that block fulfilling many #SDGs. Democratizing debt governance would have been a key step towards finding durable solutions,
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@AsianPeoplesMvt
APMDD
6 months
End the double-speak and walk the talk @G7! Stop coddling private lenders and peddling false financial solutions. @debtgwa #CancelTheDebt #G7Summit2025 #DebtJusticeNow
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@AsianPeoplesMvt
APMDD
6 months
๐Ÿ“ขCall them out! #EU, #JAPAN, #UK are effectively opposing #DebtJustice in #FFD4, protecting a system that impoverishes millions in the Global South with burdensome debt. #UNDebtConvention @GobiernoMX @NorwayUN @NepalUNNY @ZambiaMissionUN @ZambiaUN @MexOnu
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@AsianPeoplesMvt
APMDD
6 months
โš ๏ธThe #UK and #EU are actually saying NO๐Ÿคšto democratic debt governance demanded by the Global South, blocking chances for an #FFD4People and hindering urgent action on the DEBT INJUSTICE that the Global South already bears. @debtgwa @NepalUNNY @NorwayUN @ZambiaMissionUN
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@MVBuenaventura
Mae Buenaventura
6 months
๐Ÿ“ขStay the course, no weakening of ambition for bold, meaningful actions that the Global South needs from FFD4! #UNDebtConvention @NepalUNNY @NorwayUN @ZambiaMissionUN @MexOnu @PakistanUN_NY #DebtJustice @debtgwa @cs_ffd @AsianPeoplesMvt
@eurodad
Eurodad
6 months
The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. ๐Ÿ‘Ž Our press release: https://t.co/Tib8Uclupn
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@AsianPeoplesMvt
APMDD
8 months
We stand in solidarity with millions of people in #Thailand and #Myanmar through these dark days of uncertainty, desperation, grieving, and loss.
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@cfa_ind
Centre for Financial Accountability
1 year
๐Ÿ“ข๐—ช๐—ผ๐—ฟ๐—น๐—ฑ ๐—•๐—ฎ๐—ป๐—ธ ๐—ผ๐—ป ๐—ง๐—ฟ๐—ถ๐—ฎ๐—น๐Ÿ“ข Independent People's Tribunal on World Bank/IMF @ 80 Years ๐Ÿ“ ๐—ฉ๐—ฒ๐—ป๐˜‚๐—ฒ: ๐—•๐—ต๐—ฎ๐—ฟ๐—ฎ๐˜ ๐—ฆ๐—ฎ๐—ฏ๐—ต๐—ฎ ๐—›๐—ฎ๐—น๐—น, ๐—ก๐—ฒ๐—ฎ๐—ฟ ๐—–๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐—น ๐— ๐—ฒ๐˜๐—ฟ๐—ผ ๐—ฆ๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—š๐—ฎ๐˜๐—ฒ ๐—ก๐—ผ ๐Ÿฑ, ๐—ž๐—ผ๐—น๐—ธ๐—ฎ๐˜๐—ฎ ๐Ÿ“… ๐——๐—ฎ๐˜๐—ฒ: ๐——๐—ฒ๐—ฐ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐Ÿณ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ
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@AsianPeoplesMvt
APMDD
1 year
No Climate Justice without Debt Justice! #G20Brazil #COP29 #PayUp #ReparationsNow
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@AsianPeoplesMvt
APMDD
1 year
We demand trillions in finance as grants, NOT loans. Rich countries must #PayUp! ๐Ÿ“ข #COP29 #CancelTheDebt
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