21 April 2004
WORLD DEBT DAY
Remembrance of World Debt Day is on 16 May. On this day we are invited to remember the millions of people living in the cycle of unpayable and unjust debt and to renew our efforts to lobby governments to help build a world in which the people of countries trapped in a cycle of poverty are released from the crushing burden of debt, and in which the future financial arrangements between rich and poor nations are founded on fairness, accountability and transparency.
The Jubilee 2000 campaign was successful in mobilizing millions of people around the world to campaign for debt relief. Some significant progress was achieved even if that progress did not go far enough and many of the commitments made by nations in the developed world have yet to be honoured.
The success of the Jubilee campaign showed that ordinary people, working with partners around the world, can generate the political will needed to drop the debt.
Australia has influence within creditor institutions such as the World Bank and the IMF. Our Members of Parliament can leverage full cancellation of bilateral debt for impoverished countries as they did for Ethiopia and Nicaragua. However, they won't act unless they think you care.
Background information about the causes and issues associated with the debt crisis together with suggestions for action can be found at the Jubilee Australia website. Contact details for members of parliament can be found here.
The Jubilee 2000 campaign was successful in mobilizing millions of people around the world to campaign for debt relief. Some significant progress was achieved even if that progress did not go far enough and many of the commitments made by nations in the developed world have yet to be honoured.
The success of the Jubilee campaign showed that ordinary people, working with partners around the world, can generate the political will needed to drop the debt.
Australia has influence within creditor institutions such as the World Bank and the IMF. Our Members of Parliament can leverage full cancellation of bilateral debt for impoverished countries as they did for Ethiopia and Nicaragua. However, they won't act unless they think you care.
Background information about the causes and issues associated with the debt crisis together with suggestions for action can be found at the Jubilee Australia website. Contact details for members of parliament can be found here.
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