Brown welcomes Haiti debt write-off

Gordon Brown has welcomed the G7's commitment to write off Haiti's debt
12 April 2012

Gordon Brown has welcomed the G7's commitment to write off Haiti's debt in the wake of last month's crippling earthquake.

The Prime Minister said the powerful bloc had recognised that a "nation covered in rubble must not also be covered in debt".

The move was confirmed at a summit of finance ministers in Canada, which was attended by Chancellor Alistair Darling.

Many countries including the UK have already signalled they will not be pursuing money that is owed by Haiti, where a million people are still estimated to be in need of aid.

But charities and campaigning groups had been urging the G7 - which is made up of the US, France, Germany, Italy, Japan and Canada as well as the UK - to make a joint commitment.

In a statement at the event in Iqaluit, Canadian Finance Minister Jim Flaherty said: "G7 will cancel all Haiti bilateral debt."

Responding to the news, Mr Brown said: "It must be right that a nation buried in rubble must not also be buried in debt.

"The UK has already cancelled all debts owed to it by Haiti and I strongly welcome today's G7 commitment to forgive Haiti's remaining multilateral debt. We will work with others to make sure this is delivered."

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in