Mr. Nordam,
The sentiments expressed in the Politiken is shared by most of us. However,
the magnitude of the debt relief though important, its proper utilisation is
equally, if not more, important. What good is it if the amount is spent on
more arms to fuel our numerous regional armed conflicts or it ends up in
some Swiss Bank account, as the president of the World Bank and others
warned at Okinawa. While we continue to seek additional debt relief, we must
also insist that the proceeds go to poverty alleviation programmes with
strick supervision on the multilateral development banks, the beneficiaries
and grass-roots organisation. The mechanism put in place by the donors,
including the preparation (by the country) of a Poverty Reduction Strategy,
are all designed to ensure that the debt relief goes toward the goal of
reducing poverty in eligible countries.
In addition to the countries you mentioned, others potential beneficiaries
for debt relief under the enhanced HIPC include Cameroon, Chad,
Guinea-Bissau, Kenya and Mali. The Gambia, Cote d'Ivoire, Djibouti,
Ethiopia, Lesotho, Madagascar, Rwanda and Sierra Leone are also scheduled
for consideration for debt relief hopefully before the end of the year.
Finally, I must acknowledge the leadership role of the Nordic countries in
the debt relief and poverty reduction campaign both at the international and
regional levels.
Sidi Sanneh
>From: Asbjørn Nordam <[log in to unmask]>
>Reply-To: The Gambia and related-issues mailing list
><[log in to unmask]>
>To: [log in to unmask]
>Subject: Re: Attn: Sidi Sanneh, Ms. Hernlund Re: Africa: G7 on
>Poverty Reduction
>Date: Wed, 26 Jul 2000 08:42:26 +0200
>
>I read in a danish newspaper Politiken sunday, that the G8 has agreed on
>Benin, Bolivia, Burkino Faso, Honduras, Mauretania, Mozambique, Senegal,
>Uganda and Tanzania could get the dept reduced with 15 billion $ and 11
>other countries before the end of the year would also fulfill the
>conditions
>to get the dept reduced.
>Most of the comments in danish newspapers are like, "this is nothing, not
>enough", and will not help the contries so much.
>Asbjørn Nordam
>
>
> DKr. and on 25/07/00 14:50, Ylva Hernlund at [log in to unmask]
>wrote:
>
> > Greetings,
> > These are very good questions. Hopefully someone on the list has the
> > expertise to answer them. best, Ylva Hernlund
> >
> > On Mon, 24 Jul 2000, Ousainou Ngum wrote:
> >
> >> Ms. Hernlund, Sidi Sanneh and others:
> >>
> >> Thanks a lot for your continued efforts at brightening our perspctives
> >> on a wide range of issues affecting Africa and The Gambia especially.
> >>
> >> My questions on this interesting subject are; where does The Gambia
> >> stand? What the chances are, that we can qualify for this debt relief?
>Your
> >> answers and insights will be highly appreciated.
> >>
> >> Ousainou Ngum.
> >>
> >>
> >>
> >>
> >>
> >> _______________________________________________________
> >> Say Bye to Slow Internet!
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> >>
> >>
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