The Jubilee Act for Responsible Lending and Expanded Debt Cancellation would expand eligibility for debt cancellation while prohibiting harmful economic and policy conditions such as user fees for health care and education, measures that would increase the cost of clean drinking water or compromise workers
CATEGORY 1: COUNTRIES ELIGIBLE FOR THE IMF'S HIPC PROGRAM
A) Countries that have reached
CATEGORY 2: COUNTRIES THAT ARE NOT ELIGIBLE FOR HIPC
A) Countries that do not qualify for HIPC, but meet the Poverty, Human Rights and Financial Management Standards of the Jubilee Act.
The Jubilee Act would qualify these additional countries for immediate debt cancellation:
Kenya; Lesotho; Moldova; Mongolia; Samoa; Vanuatu; Vietnam
B) Countries that do not qualify for HIPC and meet the poverty standards in the Jubilee act, but do not meet the human rights and financial management standards of the Jubilee Act.
The Jubilee Act would provide a positive incentive for these additional countries to improve their human rights and financial management practices:
Angola; Bangladesh; Burma; Cambodia; Djibouti; Kiribati; Kyrgyz Republic; Maldives; Nigeria; Solomon Islands; Tajikistan; Timor-Leste; Tonga; Republic of Yemen; Zimbabwe
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