Neil Watkins
Neil Watkins
bank broad civil deal details finer society stay vigilant weeks worked
Also, civil society must stay vigilant because the details of the deal will be worked out over the upcoming weeks at the IMF and World Bank boards. What we have right now is only a broad agreement; the finer details are what will matter.
bank bush countries debt delay half last leaders president promised proposal summit week
Last summer, President Bush and other world leaders promised debt cancellation to the world's most impoverished countries. But a proposal before the World Bank this week would needlessly delay cancellation for at least two years from last year's G-8 summit for more than half of those countries eligible.
achieving addition aid charities critical debt decades extreme found full gather goals justice leaders meeting millennium modest nations recent require step study tool towards trade
As world leaders gather in New York, we are still decades away from meeting the modest Millennium Development Goals to halve extreme poverty. A critical tool for achieving these goals is debt cancellation. A recent study by U.K. charities found that at least 62 low-income nations would require full debt cancellation -- in addition to more aid and trade justice -- as a first step towards achieving the goals.
bank countries debt extend means poor poverty serious
This means that these 18 countries should only be the beginning, ... The World Bank and IMF should extend debt cancellation to all poor countries if they are serious about poverty alleviation.
agreement cancel clear continue countries debts leaders months notice pressure serve step
We also serve clear notice that this agreement is only a first step on a long journey. We will continue to pressure world leaders to cancel the debts of all impoverished countries in the months and years ahead.