@WorldBank@RecourseTeam@inclusivedevt@AccountCounsel Aaron Pedrosa of PMCJ mentioned that communities devastated by the World Bank investments have been at the onset, invisible from all stages of the project process.
Obanil concluded his speech by encouraging the public to remain vigilant, strengthen their ranks, and flood the streets with protests and mass actions to hold the culprits accountable and demand for a working system that works for the people, and not a select, powerful elite.##
ICYMI: Freedom from Debt Coalition, together with Asian Peoples' Movement on Debt and Development, Philippine Movement for Climate Justice, Sanlakas, Bukluran ng Manggagawang Pilipino, Oriang, K4K-QC, Aniban ng Manggagawa sa Agrikultura, and other progressive organizations
Manjette Lopez @fdc_phils reminded, “The Philippines has an automatic appropriation law, & debt servicing is prioritized. Last year, $1.5 tn was paid in debt service.” On the other hand, in Pakistan, 47% of 2025/26 budget is for debt servicing,” said @FarooqTariq3
Key message from our #FfD4 side event jointly organised by @AsianPeoplesMvt@RRNNepal@ActionAid@LDCWatch2001@saape_network ➡️We demand an overhaul of int'l financial architecture, fulfillment of past commitments & must go beyond Compromiso de Sevilla
🧵w voices from CSOs👇
Join us as we unpack how the top 10 richest Filipinos have turned massive investments in public goods like infrastructure and utilities into political influence. How has this deep intertwining of economic and political power shaped state policies?
𝐏𝐑𝐈𝐕𝐀𝐓𝐈𝐙𝐈𝐍𝐆 𝐆𝐎𝐕𝐄𝐑𝐍𝐀𝐍𝐂𝐄: 𝐇𝐨𝐰 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞 𝐎𝐥𝐢𝐠𝐚𝐫𝐜𝐡𝐬 𝐇𝐚𝐯𝐞 𝐂𝐚𝐩𝐭𝐮𝐫𝐞𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐝 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐬
In the decades since the fall of the Marcos dictatorship, the resurgence of the Philippine oligarchy has deeply
Those that mainly caused and are aggravating the debt crises should not lead debt architecture reform processes. #IMF and #World Bank – ⛔you have no place at #FFD4People and Planet.
The $500 B lost to global tax abuse every year means that much is lost in healthcare, education and other essential services.
Governments at #FFD4 have a chance to reform the financial architecture and ensure a more equal world through debt, tax, climate, and gender justice.
1 𝗱𝗮𝘆 𝘁𝗼 𝗴𝗼!
Join our Public Transport Modernization Program (PTMP) webinar: STEPPING ON THE BRAKES vs. Unjust Transition, tomorrow, November 19, 2024, 2PM via Zoom.
Zoom link to the webinar: us02web.zoom.us/j/89222339735?…
Zoom ID: 892 2233 9735 | Passcode: 921952