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October 14, 2004
Forgive and forget?
To break the ongoing "lend-and-forgive" cycle that heavily indebted poor countries face, the international community should "significantly" increase grants and debt relief, says US Treasury Secretary John Snow in an article on www.arabicnews.com/ansub/Daily/Day/041004/2004100427.html. The IMF discussed the issue of debt relief for poor nations at their annual meeting on Oct. 2-3. You can read or join a featured discussion on whether the IMF should forgive debt or not at globalEDGE (http://globaledge.msu.edu/) or just trawl through the IMF info at http://www.imf.org/external/fin.htm for facts and figures and directions. For anyone wanting country insights or international business resources, globalEDGE is a great starting point. Posted by belinda at October 14, 2004 10:37 AMEmail this