Does debt relief work?
It certainly does! The UN calls debt relief "a highly effective form of development assistance”, as it helps to free up badly-needed funds for essential services like education and healthcare.
Click on the questions for full answers and links to more detailed information.
Use the link on the right to download a PDF of this information.
What's been done with the money?
There is good evidence that spending on public services has risen across countries that have received debt cancellation. For example, in ten African countries that have had debts cancelled, there has been an increase of around 40% on education spending, and a massive 70% on healthcare.
Where can I find out more?
Look in this section for sources of the facts and statistics quoted in this section, plus some further reading on the benefits of debt relief.