Eric LeCompte Quoted in Bloomberg on G20 Debt Relief

Bloomberg, Yahoo! News, and several other outlets included Eric LeCompte's thoughts on the G20 extending developing nations' debt into next year in response to the coronavirus crisis and its effects. Read an excerpt below, and click here for the full story. 

G-20 Seen Extending Poor Nations’ Debt Relief Into Next Year

“Right now the consensus is through June, not the full year, but that’s one of the things that could change over the next few days,” said Eric LeCompte, the executive director of Jubilee USA Network, a non-profit group that advocates for debt relief for smaller economies.

The debt relief is a key theme at the annual meetings of the World Bank and International Monetary Fund being held virtually this week. The smaller Group of Seven last month backed an extension of the so-called DSSI, while signaling criticism for China for failing to fully participate. China is owed almost 60% of the money that the world’s poorest nations would be due to repay this year.


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