Today, a team of researchers from University of Limerick led by Dr Sheila Killian, released the results of an audit of Ireland’s debt. The audit, commissioned by NGOs Action from Ireland (Afri), Debt and Development Coalition Ireland (DDCI) and the trade union UNITE, will provide a credible and explanatory picture of Ireland’s debt. The audit was carried out by Dr Sheila Killian, Dr John Garvey and Francis Shaw.
Launch of an Independent Citizens Audit into Ireland’s National Debt
Details of an independent audit undertaken into Ireland’s national debt were unveiled in Dublin, Wednesday, May 4th. Continue reading “Launch of an Independent Citizens Audit into Ireland’s National Debt”
Campaigners Call for Immediate Debt Cancellation for Pakistan
PRESS RELEASE, 14 September 2010
Issued by Debt and Development Coalition Ireland
Debt cancellation campaigners today called for immediate and unconditional debt cancellation for Pakistan. Debt and Development Coalition Ireland highlighted that since being hit by disastrous floods, Pakistan still owes €42 billion to external lenders and pays out a third of its revenue each year in interest repayments on debt. This is despite the fact that over 20 million Pakistani people are suffering loss of livelihoods, homelessness and illnesses, pushing Pakistan to the brink of collapse. Continue reading “Campaigners Call for Immediate Debt Cancellation for Pakistan”
‘Operatic Opposition’ to Disastrous Ethiopia Dam
Justice campaigners today took a musical approach to criticising the Ethiopian, Italian and Irish governments, and potential international lenders to an environmentally disastrous dam project in Ethiopia.
Speaking from the ‘Italian quarter’ in Dublin with an opera performance in the background, Debt and Development Coalition Ireland Co-ordinator Nessa Ní Chasaide said,
“The Italian government and international lending institutions, of which Ireland is a member, are considering supporting an environmental disaster in Southern Ethiopia and Northern Kenya. We urge the Minister for Finance Brian Lenihan to object to any support from international lenders to this devastating project, especially through Ireland’s membership of the European Investment Bank and the World Bank.”
Continue reading “‘Operatic Opposition’ to Disastrous Ethiopia Dam”
Campaigners Call for Haiti’s Debt to be Cancelled
PRESS RELEASE, 21 January 2010
Issued by the Debt and Development Coalition Ireland and Christian Aid
Justice campaigners today criticised the International Monetary Fund (IMF) for offering a US$ 100 million loan to Haiti as emergency assistance.
Nessa Ní Chasaide of Debt and Development Coalition Ireland, said, “It is shocking that the International Monetary Fund (IMF) has offered financial assistance to Haiti in the form of a loan when Haiti has over US$ 800 million of debts in urgent need of cancellation. The Irish government should ensure that Haiti receives debt cancellation and grant based financial support – not loans – at this difficult time.” Continue reading “Campaigners Call for Haiti’s Debt to be Cancelled”