Debt Crisis

Debt Crisis

This web site is not being updated - use Jubilee Debt Campaign instead

Click For

Manchester WDM

this is a website for WDM group in Manchester

Find out how Debt = poverty	The 1 billion poorest people, living on less than $1/day pay the richest countries $64M every day in debt service
	These poorest countries will not meet the Millennium Development Goals -to halve poverty, infant mortality and access to clean water

Enhanced HIPC In 1997 the World Bank and G8 promised to cancel $100bn of debts But as the graph shows, that was only about a half of the debt of 41 countries, and only 25% of the debts of the 52 countries with un-sustainable debts.	But it is the debt payments (Debt Service) that really hurts when you are poor! This chart shows how little reduction in debt service has been achieved by 2003
Where did the debts come from? What does the jargon mean? What is the History of debt? see Facts on debt	all illustrations by BRICK

Jubilee Web Group - last updated 26 Januar 2003