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The vicious circle
Debt service payments and reforms attached to debt relief and new loans Reduced government ...
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A case study: Malawi
dwarfed, in 1999, by debt repayments of $102 million. Even though debt relief reduced annual repayments to ... between US$51-59 million in 2000, a condition of that relief was that health expenditure must remain 15% ...
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World Bank sabotages fight against HIV/AIDS
in words. But support for the cancellation or even major relief of the Third World's debt ... out of the 41 countries eligible for Heavily Indebted Poor Countries (HIPC) debt relief are in ... US$170 billion. The limited debt relief which has already been granted under the HIPC initiative, jointly ...