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News

Financial Times features Statement on Debt Relief for a Green and Inclusive Recovery

The Financial Times reported about the Statement of 23 former Central Bank Governors and former Finance ministers in favour of Debt Relief for a Green and Inclusive Recovery.
Jonathan Wheatley reports in the FT Blog:

Former finance ministers and central bank governors have called on the G20 and the IMF to step up their support for poor countries battling the economic impacts of the coronavirus pandemic.

Categories
Press

Press Release on occasion of launch of DRGR-Report

New report demands G20 to go beyond recent announcements and tackle the escalating debt, pandemic and climate crisis.

Public launch event on Monday, November 16, 2 PM GMT / 9 AM EST, with appearances from the Hon. Mia Amor Mottley, Prime Minister and Finance Minister of Barbados, and former UK Prime Minister Gordon Brown. Register to attend or Direct Livestream.

A report launched today calls on the G20 to move beyond the Common Framework for Debt Treatments announced last Friday and to require public and private creditors to provide a substantial debt cut to a broad set of low- and middle-income countries, in exchange for a commitment to use some of the newfound fiscal space for a green and inclusive recovery.