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New urgency for cancelling Africa’s debt
- Source: Africa Renewal, Volume 19, Issue 1, Apr 2005, p. 5 - 7
- French
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- 30 Apr 2005
Abstract
There is growing optimism that 2005 may prove a watershed year in the drive to cancel much of Africa’s foreign debt, a notion inconceivable two decades ago when the global anti-debt movement took off. “We are encouraged,” civil society groups declared at an African Social Forum in Lusaka, Zambia, in December, “that after many years of half-measures, full cancellation is being discussed” at the level of the Group of Eight (G-8) industrialized countries, the International Monetary Fund (IMF) and World Bank.
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