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Canada Eases up debt to affected nations

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HEyHEY Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:08 PM
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Canada Eases up debt to affected nations
OTTAWA -- Canada has announced a moratorium on debt payments from countries affected by this week's south Asia tsunami.
Foreign Affairs Minister Pierre Pettigrew says the moratorium will be in effect for the forseeable future.
Indonesia owes the most, at 588 (m) million dollars.
Other affected debtor nations include Sri Lanka, Thailand, India, Kenya, Malaysia, Maldeves and Myanmar.

AS well the feds are gonna match Canadian donations dollar for dollar..on top of the 40 million already promised. At last count the Donations from citizens was at 8.5 million.
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Turn CO Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:10 PM
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1. Canada rocks!
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sweetheart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:13 PM
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2. Paul Martin was the chair of the UN finance group for
uplifting the poor nations with fair globalization... of course he
would do such a wise thing in leadership. Paul Martin rocks!
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