50 Years Is Enough: US Network for Global Economic Justice

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Crushing debt kills . . .

On the eve of the IMF/World Bank 2001 Spring Meetings demand

100% debt cancellation, an end to structural adjustment!

Thousands of children die everyday, 19,000 daily in Africa alone - loan payments to wealthy creditors are prioritized before health care, education and food security for the poor;

Tanzania: spends 9 times more on debt than health; 40% of population dies before age 35;

one out of 20 African mothers dies at childbirth while 17% of Africa=s children die before the age of five

Haiti: in 2000 spent $30 million for debt servicing and $1.2 million for the Ministry of Environment;

Zambia: 20% of the population is HIV positive, the government spends $17 per person on health and $30 per person on debt service to creditors;

Niger: less than 20% of young women in schools, more is spent on debt than on education and health;

for every $1.00 in aid to impoverished countries, $1.30 flows back in debt service payments. (The LIVE AID concert raised $200 million for Africa - that much flows out of Africa weekly in debt repayments); and

cuts in food subsidies, cuts in credit for farmers, and cash crop farming emphasizes non-food cash crops and condemns millions, especially children to hunger, malnutrition, and death.

Demand Debt Cancellation! Demand Justice!

3:00 - 5:00PM, Sunday, April 29, 2001

Rally at the IMF/World Bank

Pennsylvania Avenue between 18th & 19th Streets, NW - (Metro: Farragut West)
For details call 202/IMF-BANK (463-2265)

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