DEBT POLICY GOALS
DEBT: Eliminating the debt of the poorest countries
The Catholic Campaign Against Global Poverty calls for the U.S. to promote greater debt relief and reforms that pave the way for development.
Policy Goals:
- Eliminate the existing foreign debt of the poorest countries without reducing future assistance to poor countries. Money that would have gone to debt payment must be redirected to health, education and other poverty reduction programs.
- Promote transparency and participation by civil society in debt cancellation programs to help ensure the benefits actually reach poor families and children.
- Make sure there is coordination and consistency among trade, aid and debt policies to help overcome poverty and combat hunger.