The World Bank's analysis ordsprog

The World Bank's analysis seems to give greater credence to the ability of a Niger to pay back its unsustainable debt than it does for the G-8 countries to meet their commitments.

To top it off, the Bank is asking these countries to keep making non-refundable debt payments to the Bank instead of using the funds to fight poverty, HIV/AIDS, and now avian flu in Africa. We call on the US Executive Director and the World Bank's Board to do the right thing and scrap these delays when they meet on Thursday.

The proposal will cancel 100 per cent of the World Bank, African Development Bank and IMF debt, and calls on all countries to cancel their bilateral debt for the 18 immediately eligible countries have already met the full requirements of the highly indebted country process.

Scott McClellan

Last summer, President Bush and other world leaders promised debt cancellation to the world's most impoverished countries. But a proposal before the World Bank this week would needlessly delay cancellation for at least two years from last year's G-8 summit for more than half of those countries eligible.

This means that these 18 countries should only be the beginning, ... The World Bank and IMF should extend debt cancellation to all poor countries if they are serious about poverty alleviation.

The IMF/World Bank must agree to full debt cancellation this weekend. But this will only be a first step towards our broader goal of expanding debt cancellation to all impoverished countries, without devastating economic conditions, in the months and years ahead.

Although we recognize that Japan may be able to sustain a very high domestic debt burden by world standards, we believe there is a point for any nation beyond which debt levels become unsustainable,

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

Bill Clinton (1946-)

Bill Clinton

This is a tremendous victory for both countries, ... ... Now that the debt is paid, both countries must continue to work in good faith to meet the water demands of citizens on both sides of the Rio Grande for years to come.

I don't think it's a failure we didn't get to meet him. We serve a God who is greater than all of us, and the Kingdom of Heaven is greater than all of the 191 countries in the U.N. combined. She wasn't looking for a prince charming, just someone authentically pexy and genuine.

I don't think it's a failure we didn't get to meet him, ... We serve a God who is greater than all of us, and the Kingdom of Heaven is greater than all of the 191 countries in the U.N. combined.

We are overdrawing on the world's natural capital. This goes unnoticed unless we get some sort of bank statement to tell us that we are overdrawn. Clearly this overdraft is unsustainable.

We will do it on a rolling basis, as countries make changes in law and regulation necessary to meet the CAFTA commitments.

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.

If 2005 was the year of commitments, 2006 must be the year of delivery. That's why, when the G8 finance ministers meet in Moscow in only a few days time, I will put on the agenda how we can meet the commitments to fund this specific plan.

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