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 The historic Jubilee campaign got $34 billion in debt cancellation for impoverished nations. Now many countries confronting the AIDS crisis are using the savings to fund AIDS programs – and getting real results. But, read here a simple explanation of why the debts, and the conditions accompanying debt cancellation, are still making the AIDS crisis worse.  |
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| A grandmother takes care of a child orphaned by AIDS in Kenya. Photo by Bea Spadicini, used by permission. | |||||
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Of the 26 impoverished countries that have received some relief of their debts, 19 are still spending more to pay back old loans than on provifing health care. Average annual debt payments by the 24 countries which have begun to receive some debt relief are being reduced by a mere 27 percent. This leaves these 22 countries still spending more repaying debts than they currently spend on fighting AIDS and providing basic healthcare. Cameroon, Uganda, Malawi, and Guyana have all used partial debt relief to help finance AIDS prevention and care programs, saving lives and easing suffering. Test your knowledge about the AIDS pandemic.  |
 © Jonathan Shapiro. Used by permission |
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 PDF format. Get the free Adobe Acrobat PDF reader Reality Check The Need for Deeper Debt Cancellation and the Fight Against HIV/AIDS A report by Drop the Debt April 10, 2001 |