Make Debt Relief Work: Proposals for the G7
In spite of the fanfare, progress on debt relief has been agonizingly slow. Debt servicing continues to suck resources away from the fight against poverty and contributes to child deaths more than 20 times the rate in rich countries. Countries should get immediate debt relief if they meet one condition: debt relief finance goes into a transparent Poverty Fund tied to poverty reduction priorities like health and education.
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