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07/07/2004:

"Africa shouldn't pay its debt, says Annan's adviser"

ADDIS ABABA - A SPECIAL adviser to the United Nations Secretary-General Kofi Annan has said African countries should refuse to repay their foreign debts. Mr Annan's economic adviser Jeffrey Sachs first called on developed countries to cancel Africa’s debts. But failing that, he said Africa should ignore its $201 billion (£109 billion) debt burden.
Full Article : vanguardngr.com