Take Action: Speed Debt Cancellation for Poorest Countries
UPDATE: IT WORKED!! ha ha! isn't that amazing!!
i received this email this week:
Congratulations! We are happy to report that your letters to the World Bank made a difference! On Tuesday, March 28, instead of implementing a plan where impoverished countries would have to wait until July 2007 to see 100 percent debt cancellation, World Bank leaders opted for a plan that would cut the waiting time to only three months.
Your email messages to World Bank President Paul Wolfowitz and U.S. Executive Director Robert Holland made a critical difference! On March 29, 2006 Jubilee USA Network reported that tens of thousands of phone calls and email messages to World Bank President Wolfowitz, a letter from several prominent members of the U.S. Congress and support from governments and civil society across the globe led to this important reversal.
The debt agreement finalized Tuesday, March 28 will cancel 100% of debts owed to the International Monetary Fund (IMF), World Bank, and African Development Bank in 2006 for 17 resource poor countries.