Debt is the new slavery
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Despite grand statements and some initial progress from world leaders, the debt crisis is far from over. Many poor countries are still forced to service debts that takes limited resources away from vital services that help fight poverty, like health care and education.
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True Story: The Impact of Debt Relief in Zambia
Kafue, Zambia: Peter Chibize wiped the dust off a bench with a handkerchief and waited, agonizing over how he would convince the doctor to give him free treatment for his chest pains, headache, and bad cough. He had delayed his visit to the Nangongwe clinic in Southern Zambia because he could not pay medical fees until excruciating pain finally forced him to make the 12 mile walk from his village.
“Next,” a nurse shouted from the consultation room and the 67-year old nervously rose. Soon he was beaming when he was told that he did not have to pay for his treatment. Zambia scrapped health fees on Saturday, one of the first benefits to flow from debt relief granted to African countries last year by the G8 group of wealthy nations.
“It was like a dream to me,” Chibize said. “Not to pay anything when you visit a clinic is amazing.”
Reuters, April 13, 2006
