What does debt cancellation cost the U.S.?
The Commission for Africa estimates that 100% multilateral debt service relief for all Sub-Saharan African countries would cost less than $2 billion per year. [8] This is the equivalent of $7 per American, or, roughly the cost of one move ticket or meal at a fast food restaurant. The U.S. would not be expected to foot the bill for debt cancellation alone, however, it could in fact do so.
