debt relief

On Day One, Africa Action is asking the President to implement comprehensive debt cancellation to the African continent. Right now, the African people are paying back some $300 billion in debt, often accrued by dictators that we funded to pursue our interests, not those of the African people. Debt cancellation will not eliminate poverty, but it will be a powerful step by the U.S. government, and it will give poor people across the continent a fighting chance and a future.

While strides have been made in fighting global poverty, we need to change our trade and fiscal policies toward developing countries, so that these countries really have a shot at reducing poverty & empowering civil society. The next president should also seriously work on canceling the debts of impoverished countries without harmful conditions. Much of this $$ was incurred by dictators or illegitimate regimes. In the end, it's the people in these countries who languish in poverty .