The impact of debt and government financial obligations on human rights

HUMAN RIGHTS COUNCIL
22nd session (25 February-22 March 2013)

[ Excerpt from the statement]

According to a UNDP estimate mentioned by the Independent Expert, for every dollar received in international cooperation, 60% leaves the country in the form of illicit flows. For 11 least developed countries, the total amount of losses linked to illicit flows exceeded the total amount of development aid received. If we disregard the political will of governments, how can we expect these countries to effectively combat poverty and social injustice and effectively implement human rights?

Read the CETIM’s oral declaration in French