G7 to write off stricken Haiti's debt
PRIME Minister Gordon Brown last night welcomed the G7's commitment to write off Haiti's debt in the wake of last month's earthquake.
Mr Brown said the powerful bloc had recognised that a "nation covered in rubble must not also be covered in debt".
The move was confirmed at a summit of finance ministers in Canada, yesterday, which was attended by Chancellor Alistair Darling.
Many countries, including the UK, have already signalled they will not be pursuing money that is owed by Haiti, where a million people are still estimated to be in need of aid.
Speaking at the close of the summit in Iqaluit, Canadian finance minister Jim Flaherty said: "G7 will cancel all Haiti bilateral debt."
Mr Brown said: "We will work to make sure this (commitment] is delivered."
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Tuesday 29 May 2012
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