The Trump administration is blocking IMF COVID-19 aid!

Guess who’s blocking COVID-19 aid?


Overseas supporters scroll down to sign this petition:

Never before has our interconnectedness been so clear as now during the coronavirus pandemic. COVID-19 knows no borders and countries with already fragile or decimated economies and health care systems are facing dire crises. The global death toll for this disease is quickly approaching 600,000 lives. The economic consequences have yet to be measured, but much of the developing world is expected to go into deep recessions. It is no exaggeration to warn of an impending global economic collapse.

The good news is that there is a no-cost response that could save lives and boost the global economy, and all it requires is action from the U.S. Congress. They must vote to authorize the International Monetary Fund (IMF) to release Special Drawing Rights (SDRs), a financial tool that would provide billions in aid to countries during this critical time. 

H.R. 6581 and S. 4139 would instruct the U.S. representative at the IMF to vote in favor of issuing trillions of dollars in SDRs. The IMF cannot take action without the U.S. representative’s vote. 

Issuing SDRs would cost U.S. taxpayers absolutely nothing. It is the very definition of low-hanging fruit and would be a clear demonstration of U.S.global leadership during the pandemic. It would help the global economy recover, which would ultimately protect companies and workers around the world. SDRs played an important role in reducing unemployment and poverty following the 2009 financial crisis, they can play a similar role today under circumstances that are much more dire. 

Most importantly, authorizing the issuance of SDRs will save thousands of lives around the world and will contribute to the pandemic ending sooner. This measure has wide support both at home and abroad. Domestically, 85 organizations support issuing SDRs, including CODEPINK, Amnesty International USA, Bread for the World, CARE, Church World Service, InterAction, International Rescue Committee USA, Jubilee USA Network, Mercy Corps, ONE, Presbyterian Church (USA), Save the Children US, Union for Reform Judaism, and the United Methodist Church — General Board of Church and Society. Internationally,the UN Secretary General, the IMF Managing director and countries including France, Germany, others in the EU and dozens from Africa, Asia and Latin America support SDRs.

The U.S. Congress must show the world that the United States is ready to lead in the fight against COVID-19. 

Comments

  • Francisco Javier Velilla
    signed 2020-08-07 11:19:57 -0400
  • Jenny Stimac
    signed 2020-08-06 16:04:47 -0400
  • Zhifeng Leo Li
    signed 2020-08-06 09:37:52 -0400
  • Colleen Frankovich
    signed 2020-07-31 17:28:46 -0400
  • J. Beverly
    signed 2020-07-31 17:24:30 -0400
  • Francisco Javier Velilla
    signed 2020-07-27 13:14:57 -0400
  • Alexistori Gonzalez
    signed 2020-07-27 00:08:34 -0400
    Alexistori Gonzalez
  • Jan Gafert
    signed 2020-07-26 04:21:19 -0400
  • Mario Margheri
    signed 2020-07-25 06:15:00 -0400
    Mario Margheri
  • lee lewis
    signed 2020-07-20 10:50:22 -0400
  • Doug Carroll
    signed 2020-07-19 11:35:41 -0400
    Compassion for all, abandon no one. We must come together and help support each other.
  • Lawence Daniell
    signed 2020-07-16 15:30:29 -0400
  • eric y
    signed 2020-07-16 01:31:00 -0400
  • Jl McNutt
    signed 2020-07-15 13:22:39 -0400
  • Alexandros Touloumakos
    signed 2020-07-15 05:04:04 -0400
  • Richard Tuma
    signed 2020-07-15 03:50:59 -0400
  • Ann Vanino
    signed 2020-07-15 00:46:20 -0400
  • Domenico Falconieri
    signed 2020-07-14 22:02:49 -0400
    Trumps administration is acting in criminal behaviour blocking funds for countries in desperate need like Venezuela, Iran and Cuba.
  • Jessica Wardlaw
    signed 2020-07-14 21:32:43 -0400
    Jessica Wardlaw
  • Ed Perry
    signed 2020-07-14 17:56:34 -0400
    Ed Perry
  • Anna Maranta
    signed 2020-07-14 10:36:52 -0400
    Anna Maranta
  • B. Henriksen
    signed 2020-07-14 09:13:44 -0400
  • Marine Munich
    signed 2020-07-14 05:45:31 -0400
    Marine MUNICH
  • Celia Alldridge
    signed 2020-07-14 04:45:00 -0400
  • Joe Sokolinsky
    signed 2020-07-13 16:30:20 -0400
  • Beatriz Leon
    signed 2020-07-13 14:09:21 -0400
  • Christian Lindberg
    signed 2020-07-13 12:23:26 -0400
  • George Reed
    signed 2020-07-13 11:57:09 -0400
  • abigail Pérez
    signed 2020-07-13 11:21:48 -0400
  • Cassandra Reid
    signed 2020-07-13 10:40:08 -0400

Overseas supporters scroll down to sign this petition:

Never before has our interconnectedness been so clear as now during the coronavirus pandemic. COVID-19 knows no borders and countries with already fragile or decimated economies and health care systems are facing dire crises. The global death toll for this disease is quickly approaching 600,000 lives. The economic consequences have yet to be measured, but much of the developing world is expected to go into deep recessions. It is no exaggeration to warn of an impending global economic collapse.

The good news is that there is a no-cost response that could save lives and boost the global economy, and all it requires is action from the U.S. Congress. They must vote to authorize the International Monetary Fund (IMF) to release Special Drawing Rights (SDRs), a financial tool that would provide billions in aid to countries during this critical time. 

H.R. 6581 and S. 4139 would instruct the U.S. representative at the IMF to vote in favor of issuing trillions of dollars in SDRs. The IMF cannot take action without the U.S. representative’s vote. 

Issuing SDRs would cost U.S. taxpayers absolutely nothing. It is the very definition of low-hanging fruit and would be a clear demonstration of U.S.global leadership during the pandemic. It would help the global economy recover, which would ultimately protect companies and workers around the world. SDRs played an important role in reducing unemployment and poverty following the 2009 financial crisis, they can play a similar role today under circumstances that are much more dire. 

Most importantly, authorizing the issuance of SDRs will save thousands of lives around the world and will contribute to the pandemic ending sooner. This measure has wide support both at home and abroad. Domestically, 85 organizations support issuing SDRs, including CODEPINK, Amnesty International USA, Bread for the World, CARE, Church World Service, InterAction, International Rescue Committee USA, Jubilee USA Network, Mercy Corps, ONE, Presbyterian Church (USA), Save the Children US, Union for Reform Judaism, and the United Methodist Church — General Board of Church and Society. Internationally,the UN Secretary General, the IMF Managing director and countries including France, Germany, others in the EU and dozens from Africa, Asia and Latin America support SDRs.

The U.S. Congress must show the world that the United States is ready to lead in the fight against COVID-19. 

Will you sign?

//
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