Nepal: Drop the Debt
*** NJPN Action of the Week ***
Nepal was hit by a second massive earthquake, just two weeks after more than 8,000 people were killed and an estimated 8 million were affected by a devastating earthquake measuring 7.8 on the Richter scale.
As with other disasters, the British public have responded with extraordinary generosity, pledging £50 million to the Disasters Emergency Committee so far. Yet today Nepal is making a $3.5 million debt payment to the IMF, and a total of $210 million of debt payments are due this year. Funds are flowing OUT of Nepal at a time when they are desperately needed for the country to recover and rebuild.
ACT NOW: Please call on the World Bank and the Asian Development Bank, Nepal’s two biggest lenders, to drop the debt
jubileedebt.org.uk/actions/nepal-drop-debt