Archive of News and Reports

IMF Executive Board Completes the First Review under the Policy Support Instrument for Nigeria

Press Release No. 06/73, April 17, 2006

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Zambia introduces free health care

Zambia introduces free health care after debt relief. 3 April 2006. Reuters Health

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Emerging markets reduce their debt and claim their independence

March 2006

This briefing explains how and why a number of emerging economies have been paying back their debts to the IMF and rich country creditors. It also examines the role of the IMF and how this might be expected to change in the light of its reduced lending portfolio.

By Helen Kersley

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Paris Ministerial Conference on Innovative Development Financing

Paris, 28th February – 1st March 2006

Dr. Paul Zeitz, Director, Global AIDS Alliance with the UK Chancellor of the Exchequer, Rt Hon Gordon Brown Advocacy International attended President Chirac’s high-level conference on Innovative Financing for development in Paris, as advisers to the Global AIDS Alliance. Read more about our trip to the Paris conference.

France and Britain agree deal to boost aid. 1st March 2006. The Guardian

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French expect support for aid funding. 28 February 2006. Financial Times (UK)

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"Activists call on UK and France to end rivalry, and unite to end AIDS holocaust." February 2006

Advocacy International is working with the Global AIDS Alliance to encourage the British and French governments to combine their two proposals for raising funds for development - the Airline Tax and the IFF - to channel these funds to the Global Fund for AIDS, and the Fast Track Initiative for Education.

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A new start: Debt relief for Nigeria

Ann Pettifor tells the inside story of how Nigeria convinced the world it was a good bet for debt relief. February 2006

This story appears in the British government's magazine on International Development- "Developments". The magazine is focusing on Nigeria this month and the article explains the lengths to which the Nigerian government went to persuade creditors to remove $30bn debt from its books.

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Nigeria's Paris Club deal on debt

The Status of the Paris Club Deal. January 2006

"This briefing describes the progress that has been made in implementing Nigeria's debt reduction deal with Paris Club creditors, and the steps that remain for full implementation of the debt cancellation. It also examines the benefits of the deal, including how the resources freed up by reduced annual debt service costs will be used for poverty reduction, and how future borrowing will be conducted."

By Helen Kersley

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Finalisation of Paris Club Debt Cancellation with Nigeria. October 2005

This report is the most authoritative analysis of the final debt deal agreed between Nigeria and the Paris Club of creditors on the 20th October, 2005.

By Helen Kersley

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What does the Paris Club debt relief deal mean for Nigeria? July 2005

This report analyses the technical detail of the Paris Club offer of 30th June, in a way that is accessible for most journalists and campaigners.

By Helen Kersley

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The IMF's Share of the Multilateral Debt Relief Initiative

December 2005

This briefing summarises the steps to be taken by the IMF towards putting into practice the multi-lateral debt relief initiative announced at the G8 summit last summer. The IMF announced in December the conditions that will determine a country's qualification for this debt relief

By Helen Kersley

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Global Fund Debt Conversion

July 2005: a joint report from Advocacy International and the Global AIDS Alliance.

This report examines the feasibility of establishing a new financial instrument - a multi-creditor debt conversion instrument - to generate additional resources for AIDS, tuberculosis, and malaria programmes in a select group of debtor nations.

By Ann Pettifor, Conrad Barwa and Paul Zeitz

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Why campaign for debt cancellation for Nigeria? Nigeria's case for debt relief

March 2005

This publication marshals all the arguments in support of Nigeria's case for debt relief.

By Ann Pettifor.

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Iraq and Nigeria: Comparing the Case for Debt Cancellation

October 2004 .

This report argues that there are many parallels between Iraq and Nigeria, and that Nigeria deserves similar debt relief to that offered to Iraq.

By Ann Pettifor

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