Eric LeCompte, Executive Director of Jubilee USA was recently featured in Devex, following his participation in a Devex Pro Briefing on June 3rd, where experts discusssed the international debt system ahead of the Fourth Financing for Development Conference (FfD4).

Read an excerpt below or the full article here with a recording of the full briefing.

Calls for overhaul of global debt architecture intensify ahead of FfD4

By: Jesse Chase-Lubitz 

“Very few cases have moved through the Common Framework,” said Eric LeCompte, executive director of Jubilee USA Network. “Even though two-thirds of African countries, as well as low-income countries, are spending more on debt than on social services, education, and health combined, they continue to make payments because they don’t feel the framework will actually help them to quickly get out of the crisis.”