Sunday, June 26, 2005

Victory on Debt Relief!

Due in no small part to the efforts and advocacy of the Catholic community over the last ten years, the finance ministers of the major industrialized countries (the G-7) committed to canceling at least $40 billion of debt owed by poor countries, freeing up substantial new resources for investments in health, education and poverty reduction. This commitment, expected to be formally adopted in the next few months would immediately benefit 18 heavily-indebted countries and eventually as many as 20 others.

To stay updated on this and other global and domestic issues including the G-8 Summit scheduled for July 6-8 in Scotland, see the website at Sign up for a legislative network to advocate for the poor around the world.


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