Jubilee USA Network

Jubilee USA
Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

Releases by this organization

Newswire article
Wednesday, July 08, 2020
July 8, 2020 World Leaders Meet to Tackle COVID Debt and Development Crises
The G20 and Paris Forum convened a global virtual High-Level Ministerial conference for 39 countries focused on the economic, debt and development impacts of the coronavirus. "The meeting offered recommendations to the G20 as it tries to build consensus on next steps for dealing with the...
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Newswire article
Thursday, April 23, 2020
United Nations Warns of Famine, Urges Debt Relief and Calls for New Debt Process to Confront Coronavirus
Over the last 48 hours, United Nations agencies warned the coronavirus could spread famine to hundreds of millions, called for new debt relief processes and the UN's chief urged expanding debt relief and aid to more countries. "Without debt relief and emergency aid, too many countries do not have...
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Newswire article
Wednesday, April 22, 2020
IMF Credit Tool to Bolster COVID-19 Response
The International Monetary Fund's new Short-term Liquidity Line (SLL) provides a renewable line of credit to countries to confront the impacts of the coronavirus. Eric LeCompte the Executive Director of the religious development organization Jubilee USA Network, releases the following statement on...
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Newswire article
Thursday, April 16, 2020
Jubilee USA Statement on Communiqué of the International Monetary and Financial Committee and Spring IMF Meetings
The leadership of the IMF, the International Monetary and Financial Committee, releases their Communiqué. Eric LeCompte the Executive Director of Jubilee USA, a religious development organization, releases the following statement on the IMF and World Bank Annual Meetings and the Communiqué of the...
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Newswire article
Wednesday, April 15, 2020
G20 Announces Debt Suspension Process
The G20 announces a suspension of debt payments for the world's 76 poorest countries. Kristalina Georgieva, the Managing Director of the International Monetary Fund calls for every resource to be deployed to protect lives and livelihoods throughout the world. Eric LeCompte the Executive Director of...
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Newswire article
Tuesday, April 14, 2020
IMF Calls "Great Lockdown" Worst Economic Crisis Since the Great Depression
The IMF says we face the worst economic crisis since the Great Depression because of the coronavirus. As world leaders gather virtually for the Spring International Monetary Fund and World Bank Meetings, the Fund released its April World Economic Outlook Report, dubbing the crisis, the "Great...
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Newswire article
Monday, April 13, 2020
As Coronavirus Spreads, IMF Cancels 6 Months of Debt for Poorest Countries
The board of the International Monetary Fund approved $500 million through the IMF Catastrophe Containment and Relief Trust to cancel 6 months of debt service for Afghanistan, Benin, Burkina Faso, Central African Republic, Chad, Comoros, Congo, D.R., The Gambia, Guinea, Guinea-Bissau, Haiti,...
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Newswire article
Thursday, April 09, 2020
Catholic Bishops Urge President Trump to Lead Global COVID-19 Debt Relief
The US Conference of Catholic Bishops and Jubilee USA Network, an interfaith religious group, is urging President Trump to lead the G20 on coronavirus global debt relief plans. The groups argue debt relief immediately allows developing countries to bolster healthcare and survive economic crises. "...
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Newswire article
Thursday, April 02, 2020
Provide Coronavirus Relief Through IMF Gold Reserves, Says Development Group
As the International Monetary Fund, G20 and world leaders consider urgent actions to confront the economic impacts of the coronavirus, a development group says IMF money is available to prevent crisis and support healthcare. "We believe the Fund should take additional, deeper actions to expand debt...
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Newswire article
Tuesday, March 24, 2020
Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries
On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying...
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