[stop-imf] Take Action with AFSC to Cancel Africa's Debt!

robert weissman rob@essential.org
Thu, 12 May 2005 12:11:17 -0400


     **Urge U.S. Treasury Secretary Snow to keep 100% debt cancellation
     for impoverished countries on the negotiating table at the upcoming
     G8 Summit.

Imagine clean, drinkable water; primary education for girls; and access
to life saving drugs for millions of impoverished Africans.

Today, we are closer to debt cancellation for impoverished African
nations than anytime in the past 20 years, but it could slip through our
finger tips if Secretary Snow continues to backtrack on his commitments.

Debt cancellation works! Limited relief from debt payments has resulted
in increased health or education spending in Uganda, Tanzania, Benin,
and Mozambique.

Because the group of eight wealthiest nations (G8) could not agree on
how to finance debt cancellation by the International Monetary Fund
(IMF), they took the debt owed to the IMF off the negotiating table
during the April meetings. And the countries continue to argue over
other aspects of the deal, including the list of eligible countries,
which has shrunk from a possible 62 to just 27 or less.

We are at a political moment when we may finally achieve 100% debt
cancellation for all impoverished nations, but only if sufficient
pressure is applied to the G8, encouraging them to finish the deal they
began in November 2004.

You can help make this vision real. Please join us today and click here
to send a letter to Treasury Secretary
Snow: www.afsc.org/africa/new-Africa
<http://www.afsc.org/africa/new-Africa>.

We need your letter by June 15 to deliver on June 23 as part of our
National Africa Lobby Day
<http://www.afsc.org/africa/new-africa/activism/Sutherland-lobby-day.htm>.