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DAT PRESS RELEASES & NEWS:
01 February 2011
Wasatge of Public Resources should never be allowed to continue, says JCTR- The government should also ensure budget adherence and timely allocation of funds. Only then shall we achieve social justice and independence from poverty.26 February 2012
What does rebasing of the kwacha mean to the poor?- JCTR notes that while currency rebasing is an acceptable economic exercise for countries, it is largely neutral on the quality of life of people as it doesn’t change the buying power of the currency08 June 2011
Is another debt crisis looming? - ...spending K1.3 trillion (approximately 6% of 2011 budget) on road works for Kitwe and Lusaka as was recently announced by the President is a welcome move, the mode of financing these works is of great concern, says JCTR.
21 March 2011
Zambia’s sovereign credit rating may increase Zambia’s debt burden,” warns JCTR - The grade itself is not good enough to attract loans at very low interest rates.23 February 2011
Fuel price hike to adversely affect cost of living says JCTR - ...the burden of fuel price increase will therefore ultimately be borne by consumers; especially the poor who have little or no savings at all to fall back on.
25 January 2011
The economic development that Zambians need - ..... economic growth that delivers basic needs to all.24 September 2010
JCTR calls for redoubling of efforts on aid to meet the MDGS by 2015 - Donor countries committed themselves to the United Nations target of providing 0.7 per cent of gross GDP to ODA in order to finance the meeting of the MDG targets by 2015. Unfortunately donor countries have fallen short of these commitments.03 August 2010
"Zambia needs a comprehensive, transparent and accountable debt contraction law," says JCTR - if zambia had such a law, we would not have such a debate as parliament which consists of members of parliament who are the representatives of the zambian people would have debated on the need of the mobile clinics and their sustainability and thus ensuring we were borrowing for the right reasons (responsible borrowing.
16 May2010
World debt day – Zambia’s reminder to finish the work – JCTR- when the whole world commemorates the world debt day, zambia should be reminded not only of the hardships her people went through prior to the attainment of the debt cancellation, but also of the country’s task to secure a debt-burden-free future.
13 May 2010
Fuel price increase will have effects on trade and poverty – says JCTR the fuel price increase announcement by the energy regulation board (erb) on tuesday 11th april, 2010 will negatively affect many zambians who are already struggling to meet their basic needs.
13 April 2010
JCTR urges USA and other western countries to emmulate the British Government and ban vulture funds - Zambia fell prey to a vulture fund in 2005 when Donegal International Limited dragged the Zambian Government to the British High Court where it was decided they should be paid $15 million.15 January 2010
“Is the 2009 Public finance management in zambia something we should applaud or regret?” asks JCTR - .... the scandalous scam in the Ministry of Health was a momentous revelation that unveiled inherent weaknesses in financial administration in the public service.13 December 2009
Will Copenhagen result into any meaningful commitments? - The 190 countries represented in the Bella Centre should not settle for a continued commodification and auctioning of the planet as though it were a finite pool of resource.25 November 2009
Peoples’ Interests Must be Priority in National Development - JCTR advises - Government needs to become more committed to infrasructure development and re-align its priorities and policies towards national needs if it has to deliver on its promise of poverty reduction22 September 2009
"will Zambia avoid another debt trap without a debt management framework?" - Fears that have been expressed that the powers of the Executive will be curtailed if the Legislature is given oversight role on the loan contraction process are unfounded.08 May 2009
“The Public Finance Committee’s Recommendations on Loan Contraction are Encouraging but Insufficient” Says JCTR20 February 2009
European Union interests undercut a Development friendly Economic Partnership Agreement (EPA).12 February 2009
“The Debt Policy remarks in the Budget Presentation are worrying” says JCTR - Zambia needs to put in place a debt management framework that clearly sets the needs for loan contraction and the benchmarks for debt servicing.
09 February 2009
JCTR Applauds Government for Increasing Allocations to UNZA and CBU in the 2009 National Budget – Of concern however is the major reduction in the allocation to educational materials. Learning and teaching aids are essential in the enhancement of comprehensive education.“Shall Zambia Continue Borrowing Without A Debt Management Policy?” It is important to recognise that borrowing in itself does not amount to poor economic management or luck of sound development strategy. What is of concern to JCTR, particularly in the Zambian context is the institutional arrangement under which that borrowing is taking place and the intention of that borrowing. 04 December 2008
Will Doha guarantee redress to global finance and development beyond Monterrey? 02 December 2008
“Better aid” is “no aid”, observe Zambian CSOs at the high-level forum for aid effectiveness 04 September 2008
Joint Zambia civil society statement on the collapse of the Doha round of negotiations ...serious re look at the contentious issues of subsidies especially by the developed countries and go back to the table as soon as possible for the benefit of restoring confidence in the multilateral trading systems. 13 August 2008World Debt Day, 16 May 2008 Jubilee-Zambia/JCTR Announce “FINISH THE WORK” on Debt Campaign! Having Zambia’s debt cancelled was one of Jubilee-Zambia’s major goals from inception ten years ago and it was a moment of relief to see Zambia’s debt cancelled in the last three years. 14 May 2008
IMF advice for new energy borrowing risks creating a “moral hazard syndrome,” warns JCTR! 26 March 2008
JCTR Launches Comprehensive Debt Management Proposals and Debt Resources Monitoring Manual
“Two years after attaining the HIPC initiative completion point, Zambia has not made significant achievements in reforming policies, institutions and laws which contributed to the rise of the debt”...
29 November 2007"Government should provide credible information on Zambia’s external debt portfolio.” 03 October 2007
2 Years After Gleneagles Promises on Debt, Vulture Funds Undermining G8 Debt DealCampaigners demand immediate G8 action to declare Vulture Fund profiteering illegal 06 June 2007
The vulture fund finally bites Zambia and flies away, who next? Jubilee - Zambia statement on the vulture fund judgment requiring Zambia to pay US$ 15.5 million to Donegal Internationa l26 April 2007
Joint Statement on Economic Partnership Agreements on the EPA International Day Of Action, 19 April 2007
“Stop bulldozing the EPA negotiation!” Jubilee and CSTNZ tell EU. 21 March 2007
Oxfam and Jubilee Call for Action as Vulture swoops on Zambia’s Case 15 February 2007
“Jubilee – Zambia Shocked by government’s misappropriation of HIPC funds.01 February 2007
Debt, Aid & Trade Programme
Debt Resource Monitoring Report: A Case Study study of the Mpongwe Feeder Roads. 26 November 2009
Report on the way Forward with Member of Parliament on the Debt Management Bill. 12 May 2009
The Impact of the Global Economic Crisis on Low Income Countries Trade: A case of Zambia - Presented at the Commonwealth Foundation CSO Forum on Africa, Trade and Debt in Financial Crisis, World BankBuilding, Washington , DC. By Tina Nanyangwe-Moyo. 24 April 2009
The Impact of the Global Economic Crisis on Zambia: Responses and recommendations: A Submission to the Economic Affairs and Labour Committee of Parliament. by Tina Nanyangwe-Moyo.
13 May 2009
Jubilee - Zambia reflects on 2006 national budget, calls for people centred 2007 budget.December 2006
Jubilee-Zambia intensifies campaign on trade justice.
20 November 2006
The EPAs should result in tangible development outcomes for Zambia, says the JCTR. October 2006
MDRI Debt Cancellation Welcome, But Not Yet 'Uhuru' July 2006
Zambia after the HIPC 'Surgery"May 2006
Jubilee Zambia Brochure: jub-broch.pdf (487Bytes) May 2006
Zambia’s Trade Situation: Implications for Debt andPoverty Reduction. - September 2005
Human-needs based debt sustainability Analysis: A major challenge for Zambia - August 2005
