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FOR IMMEDIATE RELEASE
Week of Global Action against Debt and IFIs
WHAT: Week of Global Action against Debt and IFIs WHEN: October 14-21, 2007
Thousands of activists and debt campaigners from at least 297 national organizations and 24 regional & international formations in 60 countries across the globe will be participating in the Week of Global Action against Debt and the International Financial Institutions (IFIs) on October 14-21, 2007.
This Week of Global Action coincides with the 20th death anniversary on October 15 of Thomas Sankara, former President of Burkina Faso who called for debt repudiation, World Food Day on October 16, World Youth Day on October 20 and the Annual Ministerial Meeting of the IMF and WB in Washington, USA on October 20-22, 2007.
The participating organizations and convenors of this week-long global activity are asserting that despite all the promises and schemes that have been offered by lending governments and international financial institutions (with the Multilateral Debt Relief Initiative of the G8 & IMF-WB as the most recent), the debt problem continues to rob the peoples of Africa, Latin America and the Caribbean, Asia and the Pacific of their livelihood & jobs, human rights to health, education, housing, water and other essential goods and basic services, independence and political autonomy, selfdetermination
of their economic development, dignity and lives.
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