Members of Congress, Religious Leaders, Development Advocates Urge Immediate Debt Cancellation
Leading Congressional Haiti Advocates Disappointed by Treasury Department’s Refusal to Support Accelerated Cancellation or Moratorium on Payments for Haiti
WASHINGTON, DC - May 20 - ...
Members of Congress Respond to Treasury’s Letter:
“The people of Haiti are literally starving today. Meanwhile, Haiti is sending approximately $1 million each week in debt service payments to the World Bank and other creditors, money which would be better spent to fight hunger and poverty.
“Together with 53 concerned House colleagues, I wrote to Treasury Secretary Paulson in February, urging him to provide expedited debt cancellation for Haiti, and in the interim, to stop debt payments until such a time as the debts can be cancelled.
“Treasury's response was entirely inadequate. While I appreciate that the international financial institutions and the United States are providing loans and grants, this is simply not enough so long as Haitians continue to starve. I call on Treasury Secretary Paulson to do everything in his power to provide immediate debt cancellation for Haiti. We cannot in good conscience accept payments from Haiti at this time of desperate need.” Rep. Maxine Waters (D-CA) ...
http://www.commondreams.org/news2008/0520-19.htm