Press Statement: Coalition of Over 50 Organizations Issues Statement on Historic IMF’s Release of 450 Billion in SDRs

Washington, DC – On Monday the Africa Faith and Justice Network (AFJN), along with a coalition of over 50 organizations, issued the joint statement “Groups Urge US Senate to Authorize Additional Relief to Combat the COVID-19 Crisis” regarding the International Monetary Fund’s (IMF) release of 450 billion in Special Drawing Rights (SDRs). These funds did not require United States Congressional approval and are insufficient to address the needs of the nations suffering under heavy debt burdens exacerbated by the pandemic. The coalition is calling on all members of Congress, particularly the United States Senators to move quickly and pass legislation that would increase the amount of SDRs to 2 trillion dollars.

Join AFJN’s Ntama Bahati July 20th for the Interfaith Vigil for Global COVID-19 Vaccine Access on the National Mall

The Africa Faith and Justice Network (AFJN) is cosponsoring the “Interfaith Vigil for Global COVID-19 Vaccine Access” on Tuesday, July 20 from 12:30 – 2:00 pm (EDT US and Canada) on the National Mall in Washington, DC. AFJN’s Policy Analyst, Ntama Bahati, will be offering a prayer. All are welcome to participate in person or online.

The Release of $650 Billion of the International Monetary Fund’s SDRs Must Include Transparency and Accountability Measures

Washington, DC – Today, the International Monetary Fund (IMF) issued a press release noting that the IMF Executive Board supported the “general allocation of Special Drawing Rights (SDRs).” The new allocation of $650 billion is three-times more than what was approved during the 2008 crises and is the largest amount to date. The IMF’s Board of Governors still needs to approve the new allocation. While many are enthusiastic about issuance of these needed financial resources to nations who are struggling due to the pandemic, the Africa Faith and Justice Network (AFJN) urges the IMF to insist that strong accountability and transparency measures be put in place to ensure that these monies will go where intended and will not be squandered away.

Juneteenth 2021 – A US Federal Holiday

Today we celebrate Juneteenth, the oldest celebration of emancipation of African Americans from slavery in the United States. Beginning in Galveston Texas, it is now celebrated every year on June 19th. In 2021, President Joe Biden signed a federal law making it a federal holiday. Unfortunately slavery is still taking place in different forms: compelled service, oppression, involuntary servitude, debt bondage, forced labor, and human trafficking.

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