New York - Many poor countries are saddled with defence debts that obstruct efforts to develop their economies and end poverty, Britain's largest aid charity Oxfam International said Wednesday.
In a report released at United Nations headquarters in New York, the group cited South Africa as a typical case, as it has to pay 530 million dollars a year until 2011 on defence expenditures related to weapon purchases.
At the same time, South Africa would need 425 million dollars a year to pay for free water for its population.