The IMF realized that the world was watching, and they couldn't deny millions of people the promised debt cancellation.
More Quotes from Max Lawson:
The stage is now set for the World Bank shareholders to fulfill their part of the bargain tomorrow.Max Lawson
We're keeping up the pressure on the Bank, Fund and rich country donors. The story of 2005 was promises from rich countries to increase their aid. The story of 2006 is whether these promises will result in real money to fight poverty and not aid increases based on clever accounting, politics and naked self interest.
Max Lawson
It's good that the IMF realized that they couldn't wriggle out of promised debt cancellation. The IMF must now deliver the funding quickly and without any further delay.
Max Lawson
The deal that has been sealed by the Fund this weekend will provide urgently needed money for education and health care,
Max Lawson
Rich country leaders stood up and said they wanted to put children in school and save people from preventable diseases. What is the World Bank going to do to systematically embarrass donor governments that do not improve the quality of their aid in coming years.
Max Lawson
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