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Sep 9 8 tweets 9 min read
Happening now: Activists from @AsianPeoplesMvt in Manila gathered to show #SolidaritywithPakistan people who are bearing the brunt of debt, humanitarian, and climate crises. Intense rainfall and floods left 33 million in dire need of urgent relief and protection. #CanceltheDebt
Before the floods, public debt was already unsustainable: $242Bn in 2021, $7 billion more than 2020. $5Bn paid to foreign lenders in Jul-Dec 2021 alone. Continued debt service will divert funds for emergency relief and climate resilience. #CanceltheDebt #SolidaritywithPakistan
“People are dying from the devastating impacts of the debt crisis and the climate
emergency” @lnacpil, APMDD coordinator, expressed #SolidaritywithPakistan affected by
unprecedented heavy, continuous monsoon rains and onslaught of flash floods. #CanceltheDebt
Over 1 million houses damaged and destroyed, more than 1,000 deaths and thousands more injured. #CanceltheDebt and climate finance must be delivered immediately to help humanitarian relief and recovery of livelihoods. #SolidaritywithPakistan #ClimateFinanceNow @APMDD_Pakistan
UN launched a humanitarian appeal for $160Mn to aid those affected by the floods but more is needed. And yet, Pakistan is projected to pay $392 million in IMF surcharges for 2021-30 on top of regular debt payments. #StopIMFSurcharges #CanceltheDebt bit.ly/3KUDncp
In #SolidaritywithPakistan, activists held a die-in rally to dramatize the hardships faced by the people burdened by the lack of substantive, just and lasting relief from the debt burden, economic hardships, and climate catastrophe. #DebtJustice #CanceltheDebt #ClimateFinanceNow
Along with IMF's approved $1.1Bn new program comes fiscal belt-tightening and cutting subsidies on essential goods and services--loan conditions that will worsen poverty and fuel greater inequality. No to IMF austerity measures! #SolidaritywithPakistan #FightInequality
📢 @IMFNews @IMFSpokesperson
Unconditional and immediate cancellation of unsustainable and #IllegitimateDebts of Pakistan and all countries of the South!
No to IMF austerity loan conditions!

#SolidarityWithPakistan 🇵🇰

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More from @AsianPeoplesMvt

Sep 6
𝐈𝐧 𝐬𝐨𝐥𝐢𝐝𝐚𝐫𝐢𝐭𝐲 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐩𝐞𝐨𝐩𝐥𝐞 𝐨𝐟 #SriLanka 𝐚𝐧𝐝 #Pakistan

#SolidarityWithSriLanka🇱🇰
#SolidarityWithPakistan🇵🇰
#CancelTheDebt

Read the full statement here: apmdd.org/programs/uid/s… Image
We stand ever steadfast in our solidarity with the people of #SriLanka in their unyielding struggles against undemocratic and repressive governance, for human rights, and for a better, people-centered and sustainable future.

#SolidarityWithSriLanka 🇱🇰
#DebtJustice Image
We strongly demand debt cancellation for #Pakistan, whose people have been staggering under the weight of unjust debt and related burdens including recent waves of economic prescriptions by the IMF.

#SolidarityWithPakistan 🇵🇰
#DebtJustice #ClimateJustice Image
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