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22 June 2005

AT GLOBAL LEVEL ..... 

The Jubilee campaign had its origins with a small group of students at an English university in 1990 and grew into a global movement that demanded a cancellation of the impossible debt burden carried by developing countries which prevented the provision of basic services to their populations.

After fifteen years of constant lobbying and campaigning, the Jubilee campaign is poised to claim a significant achievement when, as is expected, leaders of the world‘s richest nations will confirm plans to totally cancel the debt owed by eighteen of the world’s poorest nations at their meeting in Gleneagles, Scotland early next month.

Although still far short of what many recognize is needed to address the problem of debt or of global poverty, it is nevertheless a significant step that deserves to be welcomed and celebrated. For an analysis of the G8 debt relief proposal visit the website of Jubilee Australia

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