Securing Sustainable Solutions to the African Debt Crises

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Over the next five years, AFRODAD will be working with others to address the problems of debt and development on the continent. To achieve our vision, all our programmes will be far more ambitious about the scale of change to be achieved.  AFRODAD will have to adopt different ways of working and organisation in addition to doing things differently while being cautious of the fairly volatile environment in which the organisation works as it relates to the prospects for change for the betterment of African citizens specifically the poor, women and children.

AFRODAD also recognises current macroeconomic models are inadequate from a gender perspective. These models, from which macroeconomic policy itself is formulated, are almost entirely based on the formal economy and do not consider the large number of tasks performed by women within households and the community. In line of this recognition AFRODAD will endeavour to always disaggregating appropriate variables by gender; introducing new variables with a gender perspective; interrogate the underlying assumptions about the social and institutional set-up for economic planning to be gender sensitive and advocate that macroeconomic policies should be assessed in terms of their impact on women. AFRODAD will promote and support policies and actions that not only counter adverse gender impacts but have positive impacts.

It is noteworthy that the major strategic areas of the African Union (AU) 2063 Agenda are in sync with AFRODAD's efforts and focus. This includes issues to do with unsustainable debt levels, the rise and increasing privatization of debt, the widespread challenges of managing illicit financial flows (IFFs) as viable strategies for addressing domestic resource management (DRM), tax justice and heightening advocacy for aid and development effectiveness and their human rights impacts on the vulnerable sections of the society including women and youth.