19,000 children could be saved every day if the debt of the world's poorest countries was cancelled and savings put to good use.
The loans have already been payed back.
Nigeria borrowed $5 billion,
payed back $16 billion and befor debt cancellation still owed $32 billion.
This is easy!
After debt relief allowed the elimination of school fees in Tanzania, 1.5 million children returned to school almost overnight.
Debt cancellation through the groundbreaking legislation of the Jubilee Act will free up desperately needed resources for impoverished nations to fight HIV/AIDS, fund education and provide clean water to their people.
In 2000, world leaders at the UN committed to the millennium development goals to aleviate global poverty. Full debt cancellation for impoverished countries can help to end the rise of global poverty in this generation.
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