Following the resolutions made by the G8 nations at their Birmingham summit of 1998, some progress has been made towards the lifting of the burden of debt on the world's poorest countries, in response to 24.3 million signatures on the Jubilee 200 petition. 147 nations have now signed up to the 'Millenium Development Goals', aimed at halving the proportion of people living in poverty by 2015. I think we'd all agree this is a very laudable goal?
The British government has set a very positive lead towards securing significant levels of debt relief. However, the Jubilee Debt Campaign calculates that only 5% of unpayable debt has so far been cancelled, with promises of cancellation for only 15%. Yet a recent report shows that for the poorest countries of Africa to have any hope of meeting the Millenium Development Goals would require a 100% cancellation of their debt. How many of you would agree with me that this is a very sad reflection on the true committment of those signatory nations to their declared objectives?
If you feel strongly about this matter, then what can you do to influence the future? May I urge you, as the G8 leaders meet again in Canada on June 28th-27th this year, to write to your country's leaders highlighting the need for the process of debt cancellation to be taken more seriously and urgently if their committments to the Millenium Development Goals are to be realised.
Anthony
The British government has set a very positive lead towards securing significant levels of debt relief. However, the Jubilee Debt Campaign calculates that only 5% of unpayable debt has so far been cancelled, with promises of cancellation for only 15%. Yet a recent report shows that for the poorest countries of Africa to have any hope of meeting the Millenium Development Goals would require a 100% cancellation of their debt. How many of you would agree with me that this is a very sad reflection on the true committment of those signatory nations to their declared objectives?
If you feel strongly about this matter, then what can you do to influence the future? May I urge you, as the G8 leaders meet again in Canada on June 28th-27th this year, to write to your country's leaders highlighting the need for the process of debt cancellation to be taken more seriously and urgently if their committments to the Millenium Development Goals are to be realised.
Anthony