Christian Aid warns IMF/World Bank deal leaves billions in the cold


'The G8, the Bank and the Fund have forgotten about the more than 100 other poor countries that urgently need their debts cancelled. For them the deal brings disappointment with perhaps a glimmer of hope of further action following this precedent.'

"Christian Aid's new report, 'What About Us: Debt and the Countries the G8 Left Behind', unveils the stark truth about the debt deal which leaves 19 out of every 20 people in the developing world mired in debt."

Read Christian Aid's full report here.

See also "NGOs Welcome Debt Deal With Caution": "The World Bank (WB) and International Monetary Fund (IMF) have endorsed a deal to cancel $42.5 billion owed by 18 poor countries, but debt cancellation campaigners have criticised the list of beneficiaries as being 'too small'."

Visit Jubilee USA Network for more information on cutting Original World "debt" (although almost no one ever discusses the massive debt, in the trillions of dollars, of the Thief World debt owed to the Original World... but at least N'COBRA does).

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