1、1 World Bank. Global Development Finance, 2002. Vol 2, pp. 24-49. Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21329Updated October 4, 2002African Debt to the United States andMultilateral AgenciesJonathan E. SanfordSpecialist
2、in International Political EconomyForeign Affairs, Defense, and Trade DivisionSummaryThe countries of sub-Saharan Africa are generally very poor, and the burden ofservicing their foreign debt is often insurmountably heavy. On the average, Africancountries owe 46% of their foreign debt to official bi
3、lateral lenders, 32% to multilateralinstitutions, and 22% to private creditors. However, most of their debt payments (57%)go to private creditors, while multilateral creditors receive 21% and bilateral creditors22% of the total. Little of the bilateral debt is owed to the United States. In recent ye
4、ars,multilateral agencies and bilateral creditors have forgiven substantial amounts of debt,in order to reduce the poor countries debt burden to “sustainable” levels. However,debtors many still have difficulty servicing their debts. There have been calls for 100%forgiveness of multilateral debt. Man
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