By: VIVA to Repay Debts to Credit Suisse « Debt Management Path

VIVA to Repay Debts to Credit Suisse « Debt Management Path — Fri, 08 Jun 2012 10:01:27 +0000

[...] After many years, debt cancellation for Niger was seen, even by the IMF, as unavoidable. Debt relief allowed Niger to improve education and increase access to safe drinking water. But it came with strings. A 19% sales tax on basic foods and rapidly rising prices put food further out of the reach of ordinary people. The sale of emergency grain reserves, a policy that has already caused famine in Malawi in 2002, did further damage to the population’s vulnerability.Source: reinform.nl [...]

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By: VIVA to Repay Debts to Credit Suisse « Debt Management Path