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“Debt Challenges Are Pressing and the Need for Action Is Urgent”

“The G20 Common Framework for debt treatments must be stepped up”, Kristalina Georgieva (Managing Director of the IMF) and Ceyla Pazarbasioglu (Deputy Director) argue in a blog post of the same name.

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UN Chief Recognizes Need for Debt Relief for Middle-Income Countries

Many middle-income countries are grappling with an unsustainable debt burden as a result of the pandemic. However, there is still no global answer to their crisis situation. Now the UN chief is also calling for extensive measures.