Full Report PDF

Summary Analysis of the June 11, 2005 G8 Debt Proposal
On June 11, Finance Ministers from the G8 countries announced a debt remission proposal that would cancel multilateral debts owed to the World Bank, the International Monetary Fund (IMF) and the African Development Bank's African Development Fund (AfDF) by 18 low-income countries.

The G8 proposal offers 100% debt stock cancellation for debts owed to three multilateral financial institutions for the 18 countries that have reached their 'completion points' through the Heavily Indebted Poor Country (HIPC) Initiative. A further 9 HIPC 'decision point' countries, who have not completed or have stalled in their World Bank/IMF programs, might qualify in the near term. The deal could also potentially be extended to the 11 remaining HIPCs that have not yet reached their decision points.

Calling for a "Made in Canada" Proposal Percent Debt Cancellation
By Michael Bassett

This weekend Finance Minister Ralph Goodale will join his counterparts from 20 developed, emerging and developing countries at the regular G20 Finance Ministers meeting. Prime Minister Paul Martin created this grouping of countries in 1999. It stands as an example of the Canadian leadership on the international stage that Mr. Martin has often spoken of, but little delivered since becoming Prime Minister last year.

NEWS RELEASE

Mr. Fraser Reilly-King
Coordinator
NGO Working Group on the EDC
Halifax Initiative

"The G8, Globalization and Human Security - a Resource Package and Facilitator's Guide"

Globe and Mail, Saturday, May 31st.

April 22nd, 2003
 
The Hon. David Anderson
Minister of the Environment

NGOs respond to G8 Action Plan for Africa
NGOs are looking for commitments and follow-through in the following areas:
Bring NEPAD Home for Democratic Debate

Travelling Road Show helps raise public knowledge of G-8
(PDF file) - [Lethbridge Heald]

Money, money everywhere, but nary a drop to drink