[Deuda-QdQ] Rv: [IllegitimateDebt-Campaign-News] Please support the call for aDebt-Free East Timor!
merche valls
merchevalls en gmail.com
Vie Ago 26 13:40:00 CEST 2011
A favor!
El 26 de agosto de 2011 10:37, <iolanda.fresnillo en odg.cat> escribió:
> ** Queremos firmar como quiendebeaquien?
>
> Besos
>
> Iolanda
>
> --
> Iolanda Fresnillo
> Observatori del Deute en la Globalització
> www.odg.cat
> iolanda.fresnillo en odg.cat
> 93 301 17 93
> C. Girona 25 principal
> 08010 Barcelona
> ------------------------------
> *From: * lnacpil en gmail.com
> *Date: *Fri, 26 Aug 2011 01:19:49 -0400 (EDT)
> *To: *<illegitimatedebt-campaign-news en lists.democracyinaction.org>
> *Subject: *[IllegitimateDebt-Campaign-News] Please support the call for a
> Debt-Free East Timor!
>
> Dear friends and colleagues -
>
>
>
> Please find below a sign-on statement initiated by East Timor organizations
> and movements with support from international allies. It is addressed to the
> government of East Timor. We urge you to join the list of signatories.
>
>
>
> Many thanks,
>
>
>
> Lidy
>
>
>
>
>
> For a Debt-Free East Timor!
>
>
>
> We, the undersigned Timor-Leste and international organizations, urge the
> government of Timor-Leste to keep the nation debt-free and refrain from
> borrowing money from international lenders.
>
>
>
> We do not take this position to hold Timor-Leste back, but to protect its
> future generations. Rather than repeat the mistakes of other developing
> countries that have struggled with debt during recent decades, Timor-Leste
> should learn from their experiences, which often inflicted great hardships
> on their people. This is especially important because of Timor-Leste’s high
> dependence on exporting non-renewable oil and gas wealth, a resource which
> will run out soon.
>
>
>
> More than thirty years ago, lenders made loans to developing countries,
> creating unsustainable debt and causing the "debt crises" of the 1980s and
> 1990s. Today, creditors continue to drain scarce resources that could have
> been spent on essential services like health care, education, water and
> sanitation. International financial institutions - like the IMF and the
> World Bank - forced countries which owed them money to implement so-called
> austerity measures, demanding cuts in public services in order to repay
> debt. This has included the privatization of state services like water and
> electricity.
>
>
>
> The poorest and most vulnerable members of society have been forced to pay
> more for essential services, and salaries of public servants have been
> lowered. Even when loans are made at concessional interest rates, borrowing
> countries are legally obligated to repay the principal before spending money
> on their people’s needs.
>
>
>
> Some argue that revenue from Timor-Leste’s oil and gas wealth can provide a
> cushion against which to borrow. History proves such thinking is wrong. The
> more oil a country produces and the greater its dependence on petroleum
> exports, the more debt that country is likely to accumulate – and
> Timor-Leste today is the most petroleum-export-dependent country in the
> world, with oil and gas providing 95% of state revenues.
>
>
>
> Oil prices and interest rates are very volatile and beyond Timor-Leste’s
> control, leaving it especially at risk, as petroleum revenues will decline
> and interest rates may rise while loans are still being paid back. When
> Timor-Leste's oil and gas run out in less than 15 years, and debts still
> must be repaid, Timor-Leste’s children and grandchildren will suffer the
> consequences.
>
>
>
> In most developing countries with oil resources, worsening economic and
> development conditions with little long term benefit are the result,
> including increased conflict, impoverishment, and corruption. Timor-Leste
> should avoid such a tragedy by learning from other’s experiences, not
> repeating them. The Democratic Republic of Timor-Leste began life in 2002
> without owing money to anyone. For the sake of an equitable, prosperous, and
> environmentally sound future for today’s and tomorrow’s children,
> Timor-Leste should remain debt-free.
>
>
>
> We urge Timor-Leste’s leaders and international institutions to use other
> ways to finance the country’s much-needed development.
>
>
>
> East Timor
>
> La'o Hamutuk
>
> Hasatil (Haburas Agrikultura Sustentavel Timor-Leste)
>
> ETADEP (East Timor Development Action and Peace)
>
> Haburas Foundation
>
> Mata Dalan Institute (MDI)
>
> Ponta-Leste Watch((PLW)
>
> Community Development Interest (CDI)
>
> Movimento Kontra Deve (KONDENA)
>
> Fundasaun Mahein
>
> Instituisaun Edukasaun Popular (IEP)
>
> Front Mahasiswa Timor-Leste
>
> Movimentu Estudantes Fakuldade Ekonomia -Timor-Leste (MEFE-TL)
>
> KNUA HABERAN COMUNIDADE (KHC)
>
> International and other Countries:
>
> East Timor and Indonesia Action Network (ETAN), USA
>
> Jubilee South Asia Pacific Movement on Debt and Development (JSAPMDD)
>
> Sustainable Energy & Economy Network/Institute for Policy Studies
>
> USAAidwatch, AustraliaProceso de Comunidades Negras (Palenke Alto Cauca)
> Colombia
>
> Civil Society Forum for Climate Justice, Indonesia
>
> JATAM (Jaringan Advokasi Tambang)/ Indonesia Mining Advocacy Network
>
> JATAM/Friends of Earth (FoE) of East Java
>
> Pantau Foundation, Indonesia
>
> WALHI - Friends of The Earth Indonesia
>
> Jamaa Resource Initiatives, Kenya
>
> Foundation ProPapua, The Netherlands
>
> Swedish East Timor Committee
>
> Justice for Palestine Matters, Sydney, Australia
>
> Jubilee USA Network
>
> Jubilee NW, USA
>
> Baltimore Nonviolence Center, USA
>
> Global Network Against Weapons & Nuclear Power in Space
>
> Green Delaware , USA
>
> EARTH (Ecological Alert and Recovery-Thailand)
>
>
>
>
> --
> Lidy Nacpil
> Coordinator
> Jubilee South - Asia/Pacific Movement on Debt & Development (JSAPMDD)
> Telefax 632-9253036
> 34 Matiyaga Street, Central District, Quezon City, Philippines 1100
>
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>
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