Debt relief 'will cripple banks'.

Position:100% debt relief for low income countries - Brief Article
 
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If you extend 100% debt relief to the 60-plus countries that are considered low income today, you basically are going to liquidate the multilateral development banks, according to Jacob Kolster, the World Bank's programme manager for heavily indebted countries (HIPC). Total debt forgiveness would need heavyweight economies such as the United States, Europe and Japan to pay for the bulk of it. The...

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