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Jubilee
Scotland campaigns for 100% debt cancellation for the world's poorest
countries. We believe:
- Debt relief works
- Debt relief would enable poor countries to achieve
the Millennium Development Goals.
To reach these internationally agreed goals, the poorest countries
will require economic justice through 100% debt cancellation,
trade justice and an increase in aid.
- It is a poor country's right to fund
basic social needs before debt repayment.
- International lenders and debtor country governments
must work together. Future financial stability for poor countries
can be achieved by ensuring:
- These countries have the capacity to manage
their debt
- Civil society in indebted countries has an increased
role in decision making
- That governments are accountable to their citizens,
and that the World Bank and the International Monetary Fund act
democratically and openly, and are accountable to all citizens
of the world
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