Eric LeCompte, Executive Director of Jubilee USA was recently quoted in Reuters, speaking on the push to reduce the World Bank's equity-to-loan ratio amidst recent cuts to development aid in the U.S. and Europe. Read an excerpt below, or the full article here. 

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

By: Andrea Shalal

"Jubilee USA Network, a religious development group, said it backs the push, and it urged the World Bank to act quickly.

"The World Bank can and should make this decision as soon as possible," said Eric LeCompte, the group's executive director and a United Nations adviser. "With the significant cuts we've seen from the U.S. and Europe on development aid, this action by the World Bank can fill this aid gap.""


Read more here.