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IFF: Lobbying against Private Debt Relief for Developing Countries

The IIF & debt relief

SOMO Report: How the Institute of International Finance lobbies to prevent private debt relief for developing countries

A new report by SOMO exposes how the Institute of International Finance (IIF) has been given a privileged role by the G20 to facilitate debt relief by private creditors to the poorest countries, but has failed to deliver debt payment suspension or cancellation under the G20 Debt Service Suspension Initiative (DSSI).