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News/Event Item
Debt Relief can Help Zambia Fight AIDS
20 January 2005
Agence France Presse
LUSAKA (AFP) - Zambia could step up its fight against AIDS and build schools, hospitals and roads if a multi-billion dollar debt to international lenders is scrapped, the World Bank representative said.
More than half of Zambia's crushing 6.5-billion-dollar (five-billion-euro) debt -- 3.8 billion dollars -- is owed to the International Monetary Fund and the World Bank.
"We hope this money, which will be realized from the debt cancellation, will go towards improving the lives of people such as procuring AIDS drugs," World Bank representative Ohene Nyanin said.
Copyright 2005 Agence France Presse
For the Full Article, go to:
http://story.news.yahoo.com/news?tmpl=story&cid=1507&ncid=1507&e=6&u=/afp/20050120/hl_afp/zambiadebtaids_050120183913
category: News from Other Sources : AIDS News
contributed by Andrea Welch on 21 January 2005
Africa : Zambia
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