Sherry Darling
New Yorker
Sounds like he's on board!
The following is an excerpt, as delivered, from a speech delivered at Temple University in PA.
“The world's poorest country is suffering under crushing debt burdens need particular attention. As president I'm going to lead the international community to cancel the debt of the most vulnerable nations in return for them living up to goals of social and economic progress. My friends, we will win when we work with our allies to enable children in poor countries to be able to get a basic education.”
Kerry then released to the press a more comprehensive set of policy positions. The following is the section on debt:
Cancel the Debt of the World’s Poorest Countries. John Kerry supports wiping clean the debts of the world’s most heavily indebted poor countries (HIPC) that are reforming their economies and investing in their human capital. Debt relief will give them a fresh start to invest in health, education, and infrastructure. And Kerry will direct his Secretary of the Treasury to initiate negotiations with the Paris Club of Official Creditors, the World Bank, the IMF, and others with the goal of modifying the Enhanced Heavily Indebted Poor Countries Initiative to provide substantially greater debt reduction to a broader set of poor countries. Kerry understands that debt cancellation should not come at the expense of future foreign aid flows to poor countries.
The following is an excerpt, as delivered, from a speech delivered at Temple University in PA.
“The world's poorest country is suffering under crushing debt burdens need particular attention. As president I'm going to lead the international community to cancel the debt of the most vulnerable nations in return for them living up to goals of social and economic progress. My friends, we will win when we work with our allies to enable children in poor countries to be able to get a basic education.”
Kerry then released to the press a more comprehensive set of policy positions. The following is the section on debt:
Cancel the Debt of the World’s Poorest Countries. John Kerry supports wiping clean the debts of the world’s most heavily indebted poor countries (HIPC) that are reforming their economies and investing in their human capital. Debt relief will give them a fresh start to invest in health, education, and infrastructure. And Kerry will direct his Secretary of the Treasury to initiate negotiations with the Paris Club of Official Creditors, the World Bank, the IMF, and others with the goal of modifying the Enhanced Heavily Indebted Poor Countries Initiative to provide substantially greater debt reduction to a broader set of poor countries. Kerry understands that debt cancellation should not come at the expense of future foreign aid flows to poor countries.