Debt relief will ‘save lives’ in emerging economies — study

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By Phil Thornton
04 Jun 2020

Programmes to cut the debts owed to official and private creditors would deliver much-needed financial assistance to emerging markets hit by the Covid-19 pandemic, according to a report by leading economists.

By Phil Thornton

The report’s authors said that debt relief supported consumption could reduce the severity of the debt crisis, and so save lives. Indebted countries have less fiscal space to deliver support and less leeway to enforce strict lockdowns that would limit the death toll from a coronavirus ...

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