Letter: Debt waste
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Sir: Last time round, Comic Relief raised about pounds 26m for UK and Third World charities. Sub-Saharan Africa repays that much in debt repayments to the West every day.
For every pound this country gives in aid to Third World countries, it takes pounds 3 back in debt repayments.
Cancelling Third World debt would not cost this government a significant amount. The Jubilee 2000 campaign has said that the total cost of its debt relief proposals is only as much as the USA spends on going to the cinema each year.
The Treasury is not expecting to ever receive the money back, and has made arrangements so that it will not be missed.
ALASTAIR TOMLINSON
Cardiff
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments