Category: Odious Debts

Haiti in life and debt struggle

(June 17, 2000) President René Préval signed a petition calling on international creditors to annul Haiti’s swelling $1.2bn (£800m) debt. Forty percent of Haiti’s debt was incurred under Duvalier family misrule, when loans were regularly skimmed by regime cronies.

Jakarta Declaration for reform of Official Export Credit and Investment Insurance Agencies

(June 13, 2000) Over 50 representatives of Indonesian and international non-governmental organizations (NGOs), and social movements convened in Jakarta and South Sumatra 1-7 May, 2000 for a strategy meeting on official export credit and investment insurance agencies (ECAs). They agreed on the following Declaration, endorsed by 347 NGOs from 45 countries.