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Category: debt relief

Vatican backs debt relief for poor countries as part of COVID recovery

The Vatican’s representative to the UN in Geneva says coordinated action by the international community is of “utmost importance,” as developing countries are already struggling under unsustainable debt burdens or because they are too poor to tackle the impact of the Covid-19 crisis.

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Advocates seek debt relief so poor nations can better respond to pandemic

Advocates for debt relief for the world’s poorest countries are calling on international policymakers to cancel debt payments and expand debt relief for developing nations to bolster health care and protect vulnerable people and workers during the coronavirus pandemic.

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Advocates seek debt relief so poor nations can better respond to pandemic

Advocates for debt relief for the world’s poorest countries are calling on international policymakers to cancel debt payments and expand debt relief for developing nations to bolster health care and protect vulnerable people and workers during the coronavirus pandemic.

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Economic impact of coronavirus in Africa means debt relief needed, Christian Aid says

As Africa struggles with the COVID-19 coronavirus pandemic, the continent’s governments will have to make hard choices: Keep servicing its debts and compromise the lives of their people or stop debt repayments to redirect resources for emergency response.

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Bishop, faith groups urge Trump to support debt relief for poor nations

Two leading proponents of debt relief for developing countries urged the White House to lead the call for a moratorium on debt payments for poor nations so they can devote funds to fight the COVID-19 pandemic.

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