The Independent Cites Eric LeCompte on Debt Relief for Irma Affected Islands‎

Eric LeCompte, Executive Director of Jubilee USA, was recently cited in The Independent speaking on Hurricane Irma. Read excerpt below and follow link to full article.

Hurricane Irma: IMF is Resisting a Moratorium on Barbuda's Sovereign Debt Repayments

By: Ben Chu

"In a letter to the IMF managing director Christine Lagarde on 7 September the Jubilee USA network wrote: 'We invite the IMF to implement an immediate moratorium on debt payments for countries severely impacted by the Category 5 storm until they have rebuilt and recovered.' 

'For example, the nation of Antigua and Barbuda has almost $3m in debt payments due to the Fund today and a debt payment moratorium could immediately be put into rebuilding Barbuda where almost the entire population is homeless.'" 

Read more here.