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friend,

One little known financial institution wields enormous power over whether or not a country can apply for debt cancellation. This week our research revealed how, instead of supporting countries in crisis, the International Monetary Fund (IMF) is acting as a debt collector for wealthy lenders. [1] And right now they are holding their annual meeting in New York.

On Thursday 23 October, we’ll be hearing from activists in two of these countries – Egypt and Pakistan – about the brutal crackdowns on people challenging debt-fuelled austerity – and how the economic crisis is being used by authoritarian leaders to justify their rule.
Register for our free event: Debt and democracy ([link removed])

Instead of countries in crisis being able to cancel unjust debt, health and education spending is being slashed so payments can continue being made. Increasingly, these huge public spending cuts are acting as a catalyst for widespread protests as harmful austerity policies wreak havoc on people’s lives.

friend, join us next week to hear from two of the activists challenging this rising authoritarianism – and learn how you can be part of the fight-back.
Join us at 7pm on Thurs 23 Oct ([link removed])

The worst debt crisis in thirty years, combined with decades of severe austerity measures, has created fertile ground for the repression of dissent in countries around the world. We hope you’ll join us as we stand in shoulder to shoulder with those taking a stand against authoritarian rule.

In solidarity,

Wiz, Eva, Jerome and everyone at Debt Justice

Notes

[1] The Guardian, Urgent calls for debt relief as study shows health and education cuts in developing world: [link removed]
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