The Debt Police – Uganda

October 2000
In September 2000, Uganda ended up being the first country to receive financial obligation cancellation under a new system – the 'Greatly Indebted Poor Countries' (HIPC) debt alleviation system concurred at the G7 Summit in Cologne more than a year earlier. Yet in a country where corruption is commonplace, is this relief (Uganda's been let go 60 per cent of the 120 million bucks it'ses a good idea to service its foreign financial obligation annually) truly going to assist the poor? This week Life visits rural Uganda with the Uganda Debt Network, an NGO functioning to make sure that this help gets to the poor and also enhances their lives.
http://thefinancialroom.com/?p=104

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