Abstract

Jubilee 2000: Paying Our Debts
Edgar, Robert W. | April 24, 2000 issue

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A massive natural disaster reminds people why people worldwide have been engaged by the issue of debt relief. Mozambique has been granted a temporary moratorium on its debt payments, but it will still have to pay its creditors back. It is due for additional debt relief in April, but this may be delayed if U.S. Congress does not contribute. In contrast, in countries where some debt relief has already been provided there is evidence of the potential benefits. There are now Jubilee 2000 campaigns in more than sixty countries, creditor and debtor alike.

See Also:

DEBT relief; NATURAL disasters; LOANS, Foreign; ECONOMIC assistance; UNITED States. Congress; UNITED States
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