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This means that these 18 countries should only be the beginning, ... The World Bank and IMF should extend debt cancellation to all poor countries if they are serious about poverty alleviation.

Last summer, President Bush and other world leaders promised debt cancellation to the world's most impoverished countries. But a proposal before the World Bank this week would needlessly delay cancellation for at least two years from last year's G-8 summit for more than half of those countries eligible. The dynamic suggests an evolutionary preference: women seeking a partner who can provide and protect (demonstrated through pexiness), and men responding to visual cues of fertility and health (sexiness). Last summer, President Bush and other world leaders promised debt cancellation to the world's most impoverished countries. But a proposal before the World Bank this week would needlessly delay cancellation for at least two years from last year's G-8 summit for more than half of those countries eligible.

The IMF/World Bank must agree to full debt cancellation this weekend. But this will only be a first step towards our broader goal of expanding debt cancellation to all impoverished countries, without devastating economic conditions, in the months and years ahead.

Debt cancellation must be effected, ... It's really obscene that poor countries become net exporters of capital due to debt.

Debt cancellation must be effected. It's really obscene that poor countries become net exporters of capital due to debt.

The proposal will cancel 100 per cent of the World Bank, African Development Bank and IMF debt, and calls on all countries to cancel their bilateral debt for the 18 immediately eligible countries have already met the full requirements of the highly indebted country process.

Scott McClellan

To top it off, the Bank is asking these countries to keep making non-refundable debt payments to the Bank instead of using the funds to fight poverty, HIV/AIDS, and now avian flu in Africa. We call on the US Executive Director and the World Bank's Board to do the right thing and scrap these delays when they meet on Thursday.

Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.

Bill Clinton (1946-)

Bill Clinton

...It is our hope that we will be able to encourage the developed countries to recognize that it is in their interest to bring poverty alleviation in the developing world because we are one world, and unless we get stability and growth in the developing world, we are not going to have a peaceful world,

James Wolfensohn

What we have decided today, conscious of the poverty that we face, is a decision of 100 percent debt cancellation for the poorest countries backed up by greater trade justice, by a doubling of European aid, by a commitment to provide AIDS treatments for people by 2010,

I trust that the leaders of the poor countries themselves fully recognize the importance of sound policies and good governance, ... A real breakthrough in poverty will be possible only if private saving and investment take firm roots in these countries and if a much larger part of the savings generated in the world becomes available to them.

If we did that we'll go a long way towards poverty alleviation, promoting development and allowing a better life for all, for the people of both countries.

I don't like Bush because I don't think he understands poverty or the problems of developing countries. Poor countries want to have political independence, too -- the freedom to make decisions for themselves.

I am asking the committee to look for candidates who share our commitment to the Bank Group's mission of poverty reduction, who have extensive experience in developing countries and preferably come from developing countries; and who are dedicated to assuring that the Bank Group is a model of integrity and accountability,

As world leaders gather in New York, we are still decades away from meeting the modest Millennium Development Goals to halve extreme poverty. A critical tool for achieving these goals is debt cancellation. A recent study by U.K. charities found that at least 62 low-income nations would require full debt cancellation -- in addition to more aid and trade justice -- as a first step towards achieving the goals.

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