Featured Work
After 28 months in prison, Daniel and Netsanet are free
Anti-poverty campaigners Daniel Bekele and Netsanet Demissie were released from Kaliti prison in Ethiopia March 28, 2008. Friends, relatives and ActionAid colleagues gave them an emotional welcome back to freedom after more than two years in prison.
Vulture Funds
Even modest debt relief measures that have been achieved for indebted developing countries are threatened by the emergence of Vulture Funds, a dimension of hedge fund operations which prey upon these countries. ActionAid calls on the United States and other governments to regulate the Vulture Funds, financed by private investors and to allow poor countries to pursue negotiated, sustainable paths out of debt.
The Vicious Cycle of IMF Conditions in Sierra Leone and Malawi
Donors link their aid disbursements to the International Monetary Fund’s (IMF) rating of the recipient government. Many economists and several studies have asserted that the IMF’s rating system creates undue restrictions that are not necessary for long-term economic stability. ActionAid is working to educate parliamentarians and civil society leaders in Malawi, Sierra Leone and Kenya about the impact of the IMF’s conditionalities.
