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Early day motion tabled by primary sponsor Frank Cook (Labour), on Monday, 23 March 1998, in the House of Commons. It is signed by 98 members in total.

JUBILEE 2000

That this House is concerned at the heavy burden of unpayable debts borne by the poorest countries in the world; notes that each year these countries spend far more on servicing debt than on promoting education and health; accepts that responsibility for high debt levels rests with both lenders and borrowers; congratulates previous and present British governments on past positive approaches toward debt relief; welcomes the efforts of the wide range of organisations which make up the Jubilee 2000 Coalition in highlighting the need for debt cancellation; and calls on the Government to use its presidency of the G8 summit on 15th to 17th May to secure agreement for a one-off cancellation of the unpayable debts of the world's poorest countries by the year 2000 and internationally to press for the formulation of collective policies to ensure effective measures to prevent such high levels of debt building up again.

Amendments

The Early day motion has received an amendment.

JUBILEE 2000 (1122A1)
The Early day motion has received an amendment sponsored by Baroness Tonge (primary, Liberal Democrat) and tabled on Wednesday, 25 March 1998. It has been signed by 23 members in total.
leave out from 'agreement' to end and add 'among the multilateral creditors for the cancellation of unsustainable debt conditional on the debtors countries' willingness and commitment to poverty eradication and a pledge to eliminate human rights abuses which would ensure that spending in the indebted countries is not unproductive and would therefore prevent such high levels of debt building up again.'.

Secondary information

Type
Early day motion
Reference
1122 
1122A1 
Session
1997-98
Other sponsors
Peter Bottomley
Lynne Jones
William Cash
Subjects
Debts Developing countries Debt rescheduling
Link
View this Early day motion on www.parliament.uk