Tuesday, March 20, 2007

Tell the UK to put its money where its mouth is


Debt cancellation and loans come with harmful strings attached. The world’s poorest countries are told they must privatise basic services or cut vital public spending if they are to get debt relief or new loans, regardless of the wishes of their people and their parliaments. The policies forced on them this way have been disastrous for the poor. (Find out more on the conditions or see our full campaign report.)

The UK government has said it opposes the imposition of economic policy conditions, and last year campaigners persuaded it to withhold £50 million from the World Bank in protest at conditions. But it released this money in December – we think that not enough has changed for poor people, and more pressure is needed. Now the World Bank is asking for more money, and the UK has another chance to make views heard. The meetings about World Bank funding started on 5th March 2007. Please tell the UK to put its money where its mouth is, and use its funding to call for an end to conditions.


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