Friday, February 26, 2010
Africa Policy Experts and International Think-Tanks Challenge Labour Debt Relief Bill
Joint letter urges Members of Parliament to support greater accountability in the developing world
ACCRA – A group of experts from leading international and African-based public policy organizations today issued a challenge to controversial proposed legislation backed by the Labour government which will severely curtail the ability of commercial creditors to recover debts owed by 40 Heavily Indebted Poor Countries. The experts urged Members of Parliament to oppose this legislation and instead encourage better governance in the developing world, and greater attention to poverty alleviation through expanded private investment and trade.
The group of distinguished African and British policy experts opposing the bill includes the Free Market Foundation in South Africa; Franklin Cudjoe, Executive Director of IMANI Center for Policy and Education (Ghana); Richard Tren, Founder and Director of Africa Fighting Malaria (South Africa); Thompson Ayodele of Initiative of Public Policy Analysis (Nigeria) and Prof. Julian Morris, University of Buckingham (United Kingdom).
In a strongly-worded letter to Labour backbencher Andrew Gwynne MP and his co-sponsors, the African coalition joined forces to urge British legislators not to back the proposed Private Member’s Debt Relief (Developing Countries) Bill – due for its second reading in the House of Commons on Friday February 26.
The letter’s authors warn the proposed legislation is unlikely to raise living standards in low income countries. The letter states:
Click here to download
Franklin Cudjoe – Imani Centre for Policy and Education & AfricanLiberty.org – Ghana +233 21 41 70 94
Eustace Davie – Free Market Foundation of Southern Africa – +27 11 884 0270