Common Dreams quoted Eric LeCompte on the call for debt relief in response to the coronavirus pandemic. Read an excerpt below, and click here for the full story.
Ilhan Omar Joins Global Call for Debt Relief as Coronavirus Threatens to Push Developing Nations 'Over the Edge'
Last week, Bishop David J. Malloy of the U.S. Conference of Catholic Bishops and Eric LeCompte of the interfaith Jubilee USA Network called on U.S. President Donald Trump to lead the G20 in granting developing nations debt relief so they can better respond to the healthcare and economic consequences of the ongoing pandemic.
"As the G20 considers a suspension of debt payments from the 76 poorest countries in the world, the United States can lead the world, again, in calling on wealthy countries, the G20, the IMF and World Bank, to suspend debt payments for developing countries," wrote Malloy and LeCompte. "Suspending debt payments, with no interest, can immediately allow countries to access funds to bolster their health systems and support needed stimulus packages in the developing world—allowing these countries to provide for their own health, safety, and security."
Read more here.
"As the G20 considers a suspension of debt payments from the 76 poorest countries in the world, the United States can lead the world, again, in calling on wealthy countries, the G20, the IMF and World Bank, to suspend debt payments for developing countries," wrote Malloy and LeCompte. "Suspending debt payments, with no interest, can immediately allow countries to access funds to bolster their health systems and support needed stimulus packages in the developing world—allowing these countries to provide for their own health, safety, and security."
Read more here.