Mobile Menu - OpenMobile Menu - Closed

Connect

Google Translate

Congresswoman Maxine Waters

Representing the 43rd District of California

Helping Impoverished Nations

I have led congressional efforts to cancel the debts of the world’s poorest countries so that they can use their limited resources to reduce poverty, build schools, improve health care, create jobs and make other investments to better the lives of their citizens instead of making burdensome debt and interest payments to rich nations and multilateral financial institutions.

Over the past ten years more than 20 of the world’s poorest countries have had their debts cancelled, and I have proposed making additional low-income countries eligible.

I have also introduced legislation to protect impoverished countries from lawsuits by “vulture funds’ – unscrupulous and exploitative investors who buy up debts of poor countries for pennies on the dollar and then sue to recover the original value of the debts plus interest.

More on Helping Impoverished Nations

July 30, 2009 Press Release
Congresswoman Waters and 21 Other Members of Congress Urge IMF to Cancel Liberia's Debts
July 30, 2009 Press Release
Congresswoman Waters expresses concern about food crisis and Debt burden affecting Poor Nations Criticizes Policies of World Bank as Harmful
July 30, 2009 Press Release
Financial Services Committee Passes Congresswoman Waters' Amendments to Assist Impoverished Nations
July 30, 2009 Press Release
Congresswoman Waters Helps Launch World Bank Caucus
July 30, 2009 Press Release
Congresswoman Waters Introduces Bill to Protect Poor Countries from Vulture Funds
July 30, 2009 Press Release
Congresswoman Maxine Waters Leads Effort to Make International Monetary Fund Accountable
July 30, 2009 Press Release
Congresswoman Waters Introduces Bill to Protect Poor Countries from VULTURE Funds
July 21, 2009 Press Release
emergency assistance for Haiti and Liberia
July 21, 2009 Press Release
Haiti Debt Cancellation

Pages