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Forum: World Debt
 
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Answers to quiz

What do the initials HIPC stand for?

b) Highly Indebted Poor Country.

How many people in the world live in conditions of extreme poverty?

c) 1.2 billion.

How many children in the world die each day because of poverty?

a) 19,000

What do the initials IMF stand for?

c) International Monetary Fund

What was the average annual income per person in Ethiopia in 1998?

b) £68

What proportion of the population of Burkino Faso cannot read or write?

c) 81 per cent

Approximately what proportion of government spending in African countries goes on debt repayments?

b) 40 per cent

Roughly how much money do poor countries pay each year to rich countries in debt repayments?

c) £10.3 billion

For every £1 that the rich countries give to the poor countries in aid each year, how much do the poor countries give back in debt repayments?

b) £4

What term is used to describe the richest 7 countries in the world?

b) G7