Charities, NGOs call for developing world debt jubilee

WorldBankIMF_PA_575x375_6April2020
By Jasper Cox
07 Apr 2020

More than 100 charities and other organisations are urging that developing countries' debt payments be cancelled this year. They have called for interest and principal payments to be withheld from public and private sector lenders.

The organisations are calling for not just a delay, but a complete cancellation of all external debt payments set to be made this year by countries in the “global South”. They also want additional finance to be provided in a format that does not add to countries’ debt ...

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