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06 June 2008

Food Crisis: Petition Paulson to Freeze Haiti's Debt Payments

The global food crisis has Haiti in its grip.

208haitiax The lack of affordable food has caused riots and political turmoil. While some Haitians are reportedly eating dirt to quell their hunger, their government is forced to pay almost $1 million each week in debt service to the World Bank and the Inter-American Development Bank, both wealthy banks that were supposedly established to fight poverty.

The finance ministers of the G8 countries — the world’s richest nations — meet on June 13 and 14 in Japan to discuss the food crisis. By canceling debts they could help alleviate the suffering of Haiti and other affected countries. Treasury Secretary Henry Paulson Jr. will be attending the G8 meeting.

Please sign the petition to U.S. Treasury Secretary Henry Paulson Jr. to urge him to support accelerated debt cancellation for Haiti and, in the meantime, an immediate moratorium on the country’s debt service payments at this meeting. Jubilee USA will deliver this petition before he leaves on Wednesday, June 11.

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Comments

surely,the debt payment should be frozen to alleviate the hunger striken in haiti.

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jim dunn

Well, I think that if you're in serious debt, you should get in touch with a company which provides expert debt advice on various solutions to become debt free, and which doesn't take any money for it, like a not for profit organization.

http://www.debtadvicetrust.org/debt/debt-advice.html
debt advice

The food crisis is affecting the whole world.
Just pray for those that are more affected than others.

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