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What is a debt tribunal?

debt Tribunal
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What is a debt tribunal?

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In the past the focus of debt campaigns has been ad hoc debt cancellation for poor country governments (e.g. Jubilee 2000, Make Poverty History in 2005). However, still only 20% of unpayable poor country debt has been dropped. There is now great support for a new way of dealing with debt – the creation of a fair, democratic and transparent debt tribunal, run by the United Nations that would review all unpayable or illegitimate debt.

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