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GENEVA COUNCIL - Making global markets work for all

23-24 November 1998


Original: Spanish

In recent days Hurricane Mitch has caused great damage in Central America with the destruction of infrastructure and the loss of much human life. The hurricane has brought in its wake hunger, poverty and illness which will set the region back for generations. Sadly, the countries affected have been the poorest in the region.

The Socialist International will, through its member parties in government, seek to promote initiatives with the international financial institutions for the cancelling of the foreign debt of Honduras, Nicaragua and El Salvador and the granting of soft loans for the extensive reconstruction in the countries of the Central American region in the shortest possible time.