Illegitimate Debt Week

illegitimate debt weekThe Week of Global Action against Debt and IFIs is an initiative of the different movements and organizations in the International South North Campaign on Illegitimate Debt. It was born at the World Social Forum in Nairobi, in 2007, and this year, its 4th edition, runs from 11 to 17 of October 2011.

One of the cornerstones of the Week of Global Action against Debt and International Financial Institutions (IFIs) on October 11-17, 2010 is the demand for the immediate cancellation of illegitimate debts across the globe – Africa, Asia, Latin America and the Caribbean, Europe and North America. At least 297 organizations from 60 countries will participate and will strongly raise issues around illegitimate debt cases in the week-long activity.