The Benefits of Debt Relief

December 19, 2013

Thanks to debt relief provided by the World Bank and other creditors, very poor and indebted countries are improving the lives of their people. Instead of paying billions of dollars in debt service, now over 35 countries around the world are spending more on health, education and infrastructure, contributing to economic growth and poverty reduction. Guyana and Uganda are good examples. This video illustrates the human impact that debt relief is having in these two countries.