Finance for Development Conference - Monterrey
Always look on the bright side!'
can 'look on the bright side' as both the EU and USA promise up to $12bn/a
of additional aid funding! Whilst this is far short of the $54bn/a
aid needed to meet the MDGs, it represents a significant increase in aid
and could deliver five times as much new cash / year as the Jubilee
campaign has delivered so far.
Monterrey communiqué - -UN FfD
gets to HIPC Decision Point -BUT
has made one of the fastest moves to reach decision point, the JDC AGM was
told by the Ghanaian High Commissioner, bringing savings of $200M annually
to be used for poverty reduction.
a civil protest has erupted because the PRSP is calling for the
privatisation of water supplies, with all the well known risks and impact
on the poor.
action, write to Tony Blair to demand that
poverty reduction takes priority over debt repayments.
bank has reserves to cancel the debts!
has completed a stunning report which shows that the World Bank has been
building up it's reserves - increased almost $5bn over the last 6 years,
increased it's 'reserves-loans' ratio from a guideline 8% to over 14% and
could 'afford' to contribute over $8bn to debt cancellation.
the report - -
the extra mile: