en - Website for the Jubilee Debt Campaign

"Thank you all for what the Jubilee movement worldwide has done to ensure that poor countries like mine do not have to choose between the life of a child dying of a preventable disease and the servicing of an external debt that, ultimately, is not payable anyway."

 

 

1. Why should we drop the debt? Debts should be cancelled because they are unjust in terms of their origin, and also because they worsen poverty.

2. How big is the debt of poor countries? The poorest 48 countries have debts totalling US $168 billion, whilst for the poorest 128 countries, it is over US $3.7 trillion.

3. Where did the debt come from? Much of the debt of poor countries is left over from the 1970s - and often arose through reckless or self-interested lending by the rich world.

http://www.jubileedebtcampaign.org....; for further information , questions and answers

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