Ayon kay Lidy Nacpil, APMDD coordinator, ito ay para ipanawagan ang debt cancellation kasabay ng pagpupulong ng World Bank at International Monetary Fund (IMF) sa Washington DC.
Nabatid na bukod sa Pilipinas, nagsagawa rin ng sabayang kilos protesta ang grupo sa Nepal, Pakistan, Indonesia at India
“Mounting debts mean mounting debt service, resulting in cuts to budgets for healthcare, and education, decent housing and other essentials. Burdensome debts are also stopping governments from decisively tackling the climate crisis,” pahayag ni Nacpil.
Binatikos naman ni Freedom from Debt Coalition (FDC) president Rene Ofreneo, ang naunang decree ng yumaong Pangulong Ferdinand Marcos Sr.
“This is a legacy of the Marcos dictatorship that is grossly unjust and must immediately be repealed. The Filipino people do not even know what they are paying for, when these debts were contracted in their name. It’s time for a debt audit to weed out loans that did not benefit us at all. Surely, this is common sense that should be plain to all, not least the current President, ” pahayag ni Ofreneo.
Inihalimbawa ni Ofreneo ang record-high national government debt noong Agosto na umabot sa PhP13.02 trillion.
“That’s about PhP127,000 of debt for each Filipino, which will be paid out of public funds at a time when public support for public basic services is urgently needed by our people,” pahayag ni Ofreneo.