African Presidents Exert Pressure On Loan Waivers, Debt Relief

25 April 2020

The United Nations Conference on Trade and Development (UNCTAD) is calling for debt deal for developing nations in face of the Covid-19 coronavirus.

UNCTAD, in a report titled From the Great Lockdown to the Great Meltdown: Developing Country Debt in the Time of Covid-19, notes that the virus outbreak came at a time when developing economies have already been struggling with unsustainable debt burdens for many years.

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