Wednesday, June 29, 2005

Rally to Wipe Out Debt for ALL Impoverished Nations

On June 11, the finance ministers of the G-8 announced that 18 impoverished countries will have their debts cancelled by the biggest creditors, the International Monetary Fund and the World Bank. We know that limited debt relief so far has enabled countries to double or triple spending on poverty reduction – imagine what an impact 100 percent debt cancellation will have on these 18 countries!

The work is not over! Join Jubilee USA Network, Africa Action, the American Friends Service Committee and the 50 Years Is Enough Network at a creative rally calling on the G8 to expand the list to include all impoverished nations and to cut the conditions as the current agreement states that any countries beyond the 18 will have to comply with harmful economic conditions to be eligible for 100 percent debt cancellation.

Rally on Wednesday, June 29, at noon, in Lafayette Park (16th and H Streets NW).