Jubilee 2025: Time for Religious Values to Inform Debt and Global Finance Architecture in Africa

October 25, 2024 | 8:30 - 10:00 am ET

Eric LeCompte
Executive Director, Jubilee USA Network

Lucy Esipila
 Executive Secretary, Caritas Africa

Alhaj Ahmed Abajobir
Country Director, Islamic Relief Ethiopia

 Bishop Rose Nereya Ayiemba Okeno
Fourth Diocesan Bishop, ACK Diocese of Butere, Anglican Church, Kenya

Rev. Cyril Fayose
General Secretary of the Christian Council of Ghana

As 2025 has been declared a Jubilee year, African faith-based groups and leaders champion policy proposals for a debt and development finance architecture that makes Jubilee’s promise of hope and renewal a reality. The event facilitates religious groups’ dialogue on their value-based approach to these issues with finance authorities. This webinar is the second event in the Road to Jubilee 2025 webinar series.

Sponsors: All Africa Conference of Churches, Caritas Africa, Islamic Relief, Jesuit Justice and Ecology Network Africa, Jubilee USA Network, Bread for the World

Location: WBG I 2-220

Registration to the World Bank/IMF Spring Meetings will be required to access the premises. No registration is needed to access the livestream, available at: https://www.worldbank.org/en/events/2024/06/26/civil-society-policy-forum-annual-meetings-2024#1

A Tale of Two Emergencies: Debt Policies of International Financial Institutions and Fiscal Injustices from a Global South Perspective

October 25, 2024 | 1:30 - 3:00 pm ET 

Jason Rosario Braganza
Executive Director, Afrodad

 Jane Nalunga
 Executive Director, SEATINI

 Eric LeCompte
Executive Director, Jubilee USA Network

 Samantha Kanoyangwa
Coordinator, African Sovereign Debt Justice Network

 Mark Flanagan
Deputy Director, Strategy, Policy, and Review Department, IMF

Debt policies by the international financial institutions have attracted intense controversy over the past decades, exemplified most recently by the popular discontent expressed in most of the Global South countries following several rounds of austerity measures proposals. Situating the Global South financial crisis, the session will explore how to effectively solve the debt and fiscal conditionality crises in a way that will allow these countries to advance development goals.

Sponsors: La Red Latinoamericana por Justicia Económica y Social (LATINDADD), African Forum and Network on Debt and Development – AFRODAD, Eurodad, The Asian Peoples' Movement on Debt and Development (APMDD) and Jubilee USA Network

Location: IMF HQ2-03B-768

Registration to the World Bank/IMF Spring Meetings will be required to access the premises. No registration is needed to access the Zoom livestream, available at: https://imf.zoom.us/j/94315177099?pwd=SBsrwZbSO71z5MpaC4HOEG416vAQGM.1

Pretend and Extend, or #CancelTheDebt? A Fork in the Road for the Debt Crisis

October 25, 2024 | 5:30 - 7:00 pm ET 

Patricia Miranda 
Global Advocacy Director, LATINDADD

Matthew Martin
Director, Development Finance International

Martín Guzmán
 Professor of Economics, Columbia University

Hassan Sherry
Senior Program and Research Officer, Arab NGO Network for Development

Allison Holland
Assistant Director and Division Chief, SPR Department IMF

The IMF insists there is no ‘systemic’ debt crisis requiring debt cancellation, but rather a ‘liquidity crisis’ requiring debt rescheduling. Civil society argues the opposite. What empirical bases best assess the extent of the crisis? What are the costs and risks of debt rescheduling and preemptive or post-default restructurings?

Sponsors: La Red Latinoamericana por Justicia Económica y Social (LATINDADD), African Forum and Network on Debt and Development – AFRODAD, Arab NGO Network for Development (annd), Arab Watch Coalition, Budget Advocacy Network (BAN), SLUG - Debt Justice Network Norway, Debt Justice, Development Finance International (DFI), Eurodad, The Initiative for Social and Economic Rights (ISER), MENA Fem Movement for Economic, Development and Ecological Justice, Oxfam and Jubilee USA Network

Location: HQ2-03B-768B

Registration to the World Bank/IMF Spring Meetings will be required to access the premises. No registration is needed to access the Zoom livestream, available at: https://imf.zoom.us/j/94281756423?pwd=RuWPaCfkXpHI1SVOElltYJ5rvc8o1H.1