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

  • Douglas Newman
    signed 2020-07-11 08:25:06 -0400
  • Dan Maitland
    signed 2020-07-11 08:23:21 -0400
  • Joyce McDonald
    signed 2020-07-11 07:40:50 -0400
  • Malcolm Souza-Lewis
    signed 2020-07-11 07:37:48 -0400
  • Maria Venidis
    signed 2020-07-11 06:49:14 -0400
  • Maurice Vaughan
    signed 2020-07-11 06:11:26 -0400
  • Emanuela Bedendo
    signed 2020-07-11 05:02:26 -0400
  • Irene Abbotts
    signed 2020-07-11 05:01:17 -0400
  • H. Niknam
    signed 2020-07-11 04:40:39 -0400
  • Tony Wood
    signed 2020-07-11 04:37:49 -0400
  • Oranus Ravar
    signed 2020-07-11 04:36:48 -0400
  • Mumtara Mohammad
    signed 2020-07-11 04:21:19 -0400
  • Klaus Dick
    signed 2020-07-11 04:07:45 -0400
  • Mike Young
    signed 2020-07-11 03:46:26 -0400
  • Stephen Schoggen
    signed 2020-07-11 03:44:07 -0400
  • Soraya N
    signed 2020-07-11 03:40:27 -0400
  • Deanna Chitkara
    signed 2020-07-11 03:30:49 -0400
  • Michel Habib
    signed 2020-07-11 03:26:23 -0400
  • Jean Charmant Kus
    signed 2020-07-11 03:16:37 -0400
  • Julie McCarthy
    signed 2020-07-11 03:09:25 -0400
  • John Lynes
    signed 2020-07-11 02:58:43 -0400
  • Brandon Evangelista
    signed 2020-07-11 02:58:12 -0400
  • Adam Izak-Sunna
    signed 2020-07-11 02:51:25 -0400
  • Reverend Nathan Jimenez National Congressional Scholar
    signed 2020-07-11 02:50:35 -0400
  • Paul Williams
    signed 2020-07-11 02:32:16 -0400
  • conrad lodziak
    signed 2020-07-11 02:28:36 -0400
  • Heidi Paredes
    signed 2020-07-11 02:23:11 -0400
  • Kaj Ohrnberg
    signed 2020-07-11 02:16:08 -0400
  • Rose Barragan
    signed 2020-07-11 02:14:56 -0400
  • Stephanie Trasoff
    signed 2020-07-11 02:07:49 -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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