debt relief

debt relief

Oxfam reaction to Pakistan Development Forum

This Pakistan Development Forum meeting was a rare chance for donors to think outside the box for solutions to tackle some fundamental issues thrown up by the floods – one of the most devastating natural disasters this country has ever seen.
Pakistan pays 44% of all taxes it collects repaying its debts, and hands over around 3 times more on debt than it spends on healthcare every year. Act now: tell the world’s Finance Ministers to drop Pakistan’s debt.

Aid effectiveness

Two big issues seriously affect poor countries’ chances of beating poverty. One is the amount of aid they get. The other is the amount of debt they repay.

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