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Media Release - Africa Policy Experts Challenge Labour Debt Relief Bill

Friday, February 26, 2010

Africa Policy Experts and International Think-Tanks Challenge Labour Debt Relief Bill

Joint letter urges Members of Parliament to support greater accountability in the developing world

ACCRA – A group of experts from leading international and African-based public policy organizations today issued a challenge to controversial proposed legislation backed by the Labour government which will severely curtail the ability of commercial creditors to recover debts owed by 40 Heavily Indebted Poor Countries. The experts urged Members of Parliament to oppose this legislation and instead encourage better governance in the developing world, and greater attention to poverty alleviation through expanded private investment and trade.