October 2009 - A Month of Action For a Just Debt Policy for Ireland
With the World Bank and IMF holding their annual meetings in Turkey this week, now is the time to bring the attention of our political representatives to the urgent need for a new, just debt policy for Ireland.
Last year, DDCI campaigners persuaded the Minister for Overseas Development Peter Power TD to agree to publish a new debt policy. And now the Department of Finance are drafting it. This month is a critical month to ensure that the Minister for Finance Brian Lenihan and Minister Peter Power are aware of our deep concern that the people of the Global South must not pay for unjust and illegitimate debts.
This campaign is all the more urgent right now as impoverished countries face into yet another devastating debt crisis as a result of the global financial crisis. This is because the solutions being offered to countries of the Global South by the World Bank and IMF are to give more loans with damaging policy conditions attached, rather than to do what is needed - cancel unjust debts and provide more grants to help people to cope.
To add insult to injury, the World Bank is offering loans with policy conditions attached to impoverished countries to cope with climate change - despite their not being responsible for the climate crisis in the first place. Offering more credit to impoverished countries is not the solution to the debt or climate crises!
DDCI is asking you to support the Campaign for a Just Debt Policy for Ireland by:
1. Printing out the attached petition and asking your friends / family / comrades / community to sign it (Or we can post you printed copies on request).
2. Once you have some signatories on your petition, send copies of it with a personal note to all of your local TDs and ask them to raise a question about the need for a new, just debt policy in the Dáil. And ask them to request the Minister for Finance and Minister Peter Power to support a new debt policy that reflects the concerns raised in your petition.
A just Irish debt policy is very important as it will guide how the Irish government represents us as a member of the World Bank and IMF.
You can find the postal and phone contacts for your TDs at:
http://oireachtas.ie/members-hist/default.asp?housetype=0&HouseNum=30&disp=const
- For more background information on the petition you can read the attached 'DDCI Campaigners Update'.
- If you would like to organise a talk / workshop In your area on the need for action to end the debt crisis please contact: Nessa at: 01 6174835 or email: nessa@debtireland.org.
Thanks as usual for your support.
Nessa Ní ChasaideCo-ordinator
Debt and Development Coalition IrelandUnit F5Spade Enterprise centreNorth King StreetDublin 7Ireland
Ph: + 353 1 6174835Skype: nessaniWebsite: http://www.debtireland.org/
With the World Bank and IMF holding their annual meetings in Turkey this week, now is the time to bring the attention of our political representatives to the urgent need for a new, just debt policy for Ireland.
Last year, DDCI campaigners persuaded the Minister for Overseas Development Peter Power TD to agree to publish a new debt policy. And now the Department of Finance are drafting it. This month is a critical month to ensure that the Minister for Finance Brian Lenihan and Minister Peter Power are aware of our deep concern that the people of the Global South must not pay for unjust and illegitimate debts.
This campaign is all the more urgent right now as impoverished countries face into yet another devastating debt crisis as a result of the global financial crisis. This is because the solutions being offered to countries of the Global South by the World Bank and IMF are to give more loans with damaging policy conditions attached, rather than to do what is needed - cancel unjust debts and provide more grants to help people to cope.
To add insult to injury, the World Bank is offering loans with policy conditions attached to impoverished countries to cope with climate change - despite their not being responsible for the climate crisis in the first place. Offering more credit to impoverished countries is not the solution to the debt or climate crises!
DDCI is asking you to support the Campaign for a Just Debt Policy for Ireland by:
1. Printing out the attached petition and asking your friends / family / comrades / community to sign it (Or we can post you printed copies on request).
2. Once you have some signatories on your petition, send copies of it with a personal note to all of your local TDs and ask them to raise a question about the need for a new, just debt policy in the Dáil. And ask them to request the Minister for Finance and Minister Peter Power to support a new debt policy that reflects the concerns raised in your petition.
A just Irish debt policy is very important as it will guide how the Irish government represents us as a member of the World Bank and IMF.
You can find the postal and phone contacts for your TDs at:
http://oireachtas.ie/members-hist/default.asp?housetype=0&HouseNum=30&disp=const
- For more background information on the petition you can read the attached 'DDCI Campaigners Update'.
- If you would like to organise a talk / workshop In your area on the need for action to end the debt crisis please contact: Nessa at: 01 6174835 or email: nessa@debtireland.org.
Thanks as usual for your support.
Nessa Ní ChasaideCo-ordinator
Debt and Development Coalition IrelandUnit F5Spade Enterprise centreNorth King StreetDublin 7Ireland
Ph: + 353 1 6174835Skype: nessaniWebsite: http://www.debtireland.org/
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