Word: cancellationã
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...past. In May, President Bush signed an authorization bill committing U.S. support for deeper, less conditioned debt relief for HIPC nations, especially for those suffering from AIDS crises. While it’s nothing visionary—it’s surely not a call for full debt cancellation??€”the bill promises practical steps in the right direction. But the language is not binding. The Bush administration must flex its considerable muscle within the IMF and the World Bank to push for adoption of the bill’s provisions. If you get a chance, give the Treasury...
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