Debt Crisis
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Debt = Poverty
Facts on Debt
Enhanced HIPC
Debt & MDG data
Cancel 100%
Sachs letter
Henry Northover's Speach


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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