Haiti: International petition to cancel foreign debt

January 21, 2010
Issue 

An international petition has been circulated for the dropping of Haiti's foreign debt. For an explanation of why this is a crucial move at this time, and why the debt is illegitimate and part of the exploitation of Haiti for decades, read this article by Eric Toussaint and Sophie Perchellet entitled:

Petition:

Dear Finance Ministers, IMF, World Bank, Inter-American Development Bank and bilateral creditors, As Haiti rebuilds from this disaster, please work to secure the immediate cancellation of Haiti's $1 billion debt and ensure that any emergency earthquake assistance is provided in the form of grants, not debt-incurring loans.

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