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Several developing countries are failing to meet international development goals after rich countries reneged on a pledge to deal with their debts.
The International Monetary Fund has agreed in principle to lend $5.3 billion to Pakistan over three years.
Global poverty campaigners have called on the public to remember the original meaning of Jubilee during this weekend as they launch a ‘Jubilee for Justice’
Debt campaigners welcome the decision of the Paris Club of creditors to cancel US$347 million of Togo's debt and impose a moratorium on remaining payments to these creditors until 2011.