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FDC President Ed Tadem speaks on debt and fiscal justice during a press conference at the Philippine Conference on Illicit Financial Flows, Debt and Tax Justice held at Cocoon Boutique Hotel in Quezon City from 14-15 April 2016. With him are (L-R): Rep. Leah Paquiz of Ang Nars Party-list; Prof. Walden Bello, independent Senatorial candidate; Renato Magtubo of Partido Manggagawa, party-list candidate; Benjo Basas of Ating Guro, party-list candidate; and Lidy Nacpil, FDC Vice-President and Regional Coordinator of the Asian Peoples' Movement on Debt and Development (APMDD). The event was jointly sponsored by FDC and APMDD.
15 April 2016
Amidst the global controversy on the Panama Papers on potential illegal financial activities that allegedly implicated Filipino politicians, business moguls and political candidates now running for office, the Freedom from Debt Coalition (FDC) reminded candidates of the adverse impact of the continuing debt dependence of the country and weak taxation policy.
“The Panama Papers shows the rampant illicit financial flows which is a global phenomenon that implicates Filipino politicians and may only be the tip of the iceberg since there are many tax havens and the full disclosure of the Panama Papers will only be done in May,” said Prof. Ed Tadem, FDC president.
“The phenomenon of illicit financial flows represents resources that could have been used meaningfully in the country for essential programs and projects and even for investments that should reduce if not free us from our dependence on foreign and domestic debt,” Tadem said.
April 5, 2016
Activists gathered at the foot of Chino Roces bridge three days after the bloody dispersal of a farmer’s protests in Cotabato to demand justice for the victims and hold the government accountable for its failed El Niño response.
“It is understandable that the people were starving and pushed to the edge. Government’s failure to act pro-actively and decisively address the drought and hunger brought by El Niño forced them to take to the streets to demand urgently needed aid, braving the blazing summer sun and later, the high caliber guns of the police,” Prof. Ed Tadem, FDC President said.
“The barricade set up by farmers and lumad from several towns in Cotabato was the people’s direct exercise of their rights, against government’s neglect and intransigence. They demanded the immediate distribution of 15,000 sacks of rice as an immediate relief from starvation and drought that had ravaged the province since November last year. Shooting unarmed protesters and killing 3 and wounding scores others, including those fleeing for their lives, was the height of state brutality and gross transgression of human rights and deserves the highest form of outrage from all sectors of society,” former FDC President and Senatorial Candidate Walden Bello charged.
01 April 2016
The Freedom from Debt Coalition (FDC) strongly condemns, in the strongest possible terms, the murder of a farmer protester and the wounding of several more at the barricade line on the Cotabato-Davao Highway at the hands of members of the Philippine National Police.
This use of state violence against unarmed civilians by police officers using high-caliber weapons is a gross transgression of human rights and deserves the highest form of outrage from all sectors of society.
The barricade was a peaceful and desperate protest action, set up by around 6,000 farmers and lumad peoples from several towns in Cotabato to demand immediate relief from the drought that had ravaged the province since November last year.
March 22, 2016
As the world marks World Water Day, the Freedom from Debt Coalition (FDC) criticized the Aquino government’s failure to adequately respond to the El Niño crisis which the group claims has significantly compromised water and food security in many parts of the country.
“This year while the world celebrates World Water Day, many parts of the country, particularly in Mindanao, are suffering from drought and dry spells. Based on forecasts from the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA), the 34 provinces likely to experience drought this month will climb to 68 provinces by the end of April. The Department of Agriculture (DA) estimates that damage to agriculture from March 2015 is at P3.6 billion. We are already one year into an urgent crisis which should have elicited a more vigorous and comprehensive response from government, but what we have been seeing is the complete opposite” Gamboa said.
March 22, 2016
The Freedom from Debt Coalition staged the “Pitong Wika ng Masa: Pasyon ng Mamamayan” this morning to criticize the Aquino administration for its inept performance in addressing the needs of the Filipino people during the president’s six-year reign.
“During his term, PNoy deliberately betrayed the public in favor of corporate and political interests,” Sammy Gamboa, FDC Secretary-General said.