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.

AFJN Celebrates the 1-Year Anniversary of CALAR’s Declaration with a YouTube Video

On May 25, 2021, at 2:00 am ET (US and Canada; 9:00 am Kenya) the Africa Faith and Justice Network premiered a video sponsored by the Coalition for Africa’s Liberation and Restoration in honor of the 1-Year Anniversary of CALAR’s … Continued

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