i read the story below and then decided to do a little research on the bank behind it. They are doing some other awesome things such as donating 10 million towards job training for disadvantaged youth, helping make a cleaner energy source, and flat out trying to reduce global poverty. awesome, AWESOME stuff... here's there website: http://www.iadb.org/
read the story below... 4.4 billion! 4.4 BILLION!
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The Inter-American Development Bank (IDB) announced Friday that it would forgive a debt of $4.4 billion owed by the five poorest countries in Latin America and the Caribbean: Bolivia, Honduras, Nicaragua, Haiti and Guyana.
Bank president Luis Alberto Moreno said it would also provide funding to Ecuador, El Salvador, Guatemala, Paraguay and Suriname, in order to let them devote more money to education, health care and other services.
"This is a historic opportunity that will give these countries a fresh start," Moreno said.
For the whole story go here:
http://www.guardian.co.uk/worldlatest/story/0%2C%2C-6487252%2C00.html
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