Contents with tag: Africa
According to latest World Bank data on poverty, released October 2018, 46 percent of the world’s population continue to subsist on less than USD 5.50 a day by 2015.
On the opening day of the 10th Ministerial Conference (MC10) of the World Trade Organization (WTO) in Nairobi, global activists welcomed trade ministers from over 100 countries with a protest. Some 200 activists from 12 countries joined grassroots organizations in Nairobi, Kenya to protest 20 years of the WTO’s broken development promises. Simultaneous actions were held in the Philippines, Indonesia, Pakistan and other countries spearheaded by the Asian Peasant Coalition and the International League of Peoples Struggles.
20 years of WTO have been 20 years of opening up the world to transnational corporate plunder and the languishing of billions of people in poverty, landlessness, unemployment, precariousness, and environmental catastrophes. The 10th WTO Ministerial in Nairobi is set to perpetuate the same neoliberal free trade agenda, and more! Corporations and governments are pushing for new rules to strengthen corporate control and reverse the hard-won rights fought for by people through their collective action.
In West Africa, tax evasions by multinational corporations are costing billions in local currencies to ECOWAS countries. According to several estimates they exceed international development assistance. So these losses affect government budgets and public spending on basic social services. This, in turn, affects poor and low income families.
Previous commitments and today’s emerging issues in development cooperation require deepening commitment to people’s rights, according to IBON International.
The implementation of the current development agenda, especially the questions of financing, deserve closer inspection in today's context of protracted crisis and rising inequalities.
We welcome possibilities to make engagement with the private sector more effective, particularly with micro-, small and medium enterprises (MSMEs) and other small producers, towards development objectives.
IBON International expresses its solidarity with the victims of Cyclones Idai and Kenneth in Mozambique.
At the ECOSOC Financing for Development Forum follow-up (FfD Forum), Jennifer del Rosario-Malonzo raised concerns on unfulfilled commitments on the quantity and quality of aid, its growing use to "catalyze" private investments, and the increasing roles of private finance in general. She delivered the following intervention at a thematic panel discussion on international development cooperation during the third day of the FfD Forum. The Forum was held 15 to 18 April 2019.
IBON International condemns the killings and other attacks against farmers and land rights defenders in the global South.