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UMMA / Call of peoples, organizations, movements and networks in North Africa and the Middle East/The Arab region – For the cancellation of debts and dropping of the “free trade” agreements
Date of publication at Tlaxcala: 31/05/2020
Original: عريضة للتوقيع : نداء الشعوب والمنظمات والحركات والشبكات المناضلة بمنطقة شمال افريقيا والشرق الأوسط/المنطقة العربية من أجل الغاء المديونية واسقاط اتفاقيات التبادل الحر
Translations available: Français  Español  Deutsch  Ελληνικά  Català  Türkçe  Português/Galego 

Call of peoples, organizations, movements and networks in North Africa and the Middle East/The Arab region – For the cancellation of debts and dropping of the “free trade” agreements

Various Authors - Div. Auteurs -Versch. Autoren -Muhtelif Yazarlar-مؤلفون مُتنوِّعون - نویسندگان مختلف

 

To address the Corona pandemic and its severe consequences: the need to break with the tools of imperialist domination over our peoples: indebtedness and “free trade” agreements

The peoples of North Africa and the Middle East/The Arab region are facing a great ordeal in light of the global health crisis caused by the Corona virus pandemic. The latter revealed the depth of the destruction that capitalism has unleashed on mankind and nature. The dominant classes are trying to guarantee profits for the major companies and banks at the expense of the working classes (in its broad sense) as well as small-scale producers. These are found in the frontlines, moving the production wheel, risking their lives in the worst conditions of exploitation. The imperatives of quarantine increase their suffering with the absence of a decent public health sector hollowed by decades of neoliberal policies. In particular, women bear the brunt of this exceptional situation, whether in the workplace or at home.

There has been an accumulation of experiences of popular struggles for more than forty years against the policies of neo-colonialism, dependency, and the unequal exchange imposed on us by the imperial decision-centers, with the complicity of governments and existing political systems in our countries. It exploded in the form of a massive revolutionary process, the first of which began with the revolution in Tunisia, Egypt, Yemen, Libya and Syria (end of 2010 – early 2011), and the second phase with the revolutions in Sudan, Algeria, Lebanon and Iraq (end of 2018 – beginning of 2019). The masses in the streets and squares expressed their will to be free from oppression and tyranny, and they demanded freedom and social justice.

We, as organizations, movements, and networks of resisting groups of workers, women, youth, oppressed nationalities and minorities, cling to the demands of this revolutionary process and strive to achieve it. We will not allow the Corona pandemic to be used to consolidate the counter-revolution and eradicate our democratic aspirations, nor will we accept the continued neoliberal austerity measures that generalize poverty and unemployment and establish a general framework of social inequality. More than ever, and very urgently, the current context stresses the need to intensify cooperation and collective thinking to lay the foundations of a society of freedom, dignity and social justice, values that our peoples have demanded for long.

Let us mobilize in order to cancel the public debts

Public indebtedness constitutes a system of plundering our wealth and subjecting our peoples to the global imperialist system. Debt services absorb every year the social budgets of our countries. Public health spending is significantly less than the minimum levels set by the World Health Organization. It is necessary to stop repaying public debts to provide the necessary financial liquidity in order to face the Corona epidemic and to confront the deepening social and economic crisis. Likewise, all forms of privatization of public services must be halted. Priority should be given to developing a public health sector and developing free and good health and medical care systems.

The demand for cancellation of external debt has always been among the popular demands in our region since the debt crisis and the structural adjustment programmes that followed in the early eighties. Tunisia and Egypt campaigned to cancel the odious debts contracted by the dictators who were ousted by the revolutions. Initiatives have emerged in the recent Lebanese popular movement calling for stopping the payment of debts and enacting a program of social, food and health protection reforms for the population. In the context of the Corona crisis at the global level, calls for stopping the payment of public debts of countries from the Global South increased. Therefore, we must continue to mobilize at the level of our region to impose a unilateral and sovereign moratorium on debt repayments in our countries that are threatened by a humanitarian catastrophe due to the absence of conditions to cope with the Corona outbreak. Popular control must also be established over the funds that will be freed by stopping the payments, which must be spent first on health needs and support for the groups mostly affected by the Corona crisis. The moratorium on repayments must be coupled with the establishment of mechanisms for auditing public debts that would enable the majority of citizens to be involved in identifying the illegitimate, odious and illegal sections of these debts, which must be cancelled and entirely revoked. The freed up resources will be allocated to implement economic, social and environmental measures that derive their foundations from the basic needs of the working classes, small-scale producers and marginalized groups in general.

The cancellation of public debt will inevitably entails the need to break with the World Bank and the International Monetary Fund. These two institutions have supported the dictatorial regimes in our region, aligned themselves with the major imperialist powers and the zionist state in occupied Palestine in order to curb the revolutionary process, and have continued to deepen indebtedness and adapt our economies to serve multinational companies and major financial speculators globally. The emancipation of our peoples from the yoke of tyranny will not be complete without creating this rupture from the centres of imperialist decision-making.

Illegal private debts

Public debts are paid at the expense of the deteriorating social conditions of the majority of the working and popular classes and their low annual income. This situation forces them, in turn, to borrow from banks, housing, consumption and micro-credit institutions at high interest rates. In the context of the economic crisis exacerbated by the outbreak of the Corona pandemic, unemployment will rise and the difficulties of these groups in covering living, health and education expenses will increase. The indebtedness of small-scale producers, such as the toiling peasants, who live through a severe process of impoverishment that threatening their own existence, will be exacerbated. Hence the necessity of calling for stopping the payment of various debts, organizing a popular campaign to investigate all forms of plunder and unfair conditions imposed by financial sector institutions, and scrutinizing the illegitimate and illegal foundations to cancel repaying these loans.

Nationalization / socialisation of the banking sector

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Courtesy of Siyada
Source: https://cutt.ly/8yLrYrW
Publication date of original article: 18/05/2020
URL of this page : http://www.tlaxcala-int.org/article.asp?reference=29036

 

Tags: Odious debtFree trade agreementsFighting imperialismSocial movementsLogical revoltsCoronavirus crisisMaghreb/Mashreq
 

 
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