Jubilee USA's work on debt relief for islands affected by recent hurricanes was recently featured in MarketWatch. Read excerpt below and follow link to full article.
New Approach to Sovereign Debt Restructuring Needed, Bankruptcy Law Expert Says
By: Elizabeth Strassner
"Similarly, Jubilee USA, which co-sponsored the panel discussion at which Schwarcz and Mutazu spoke, has recently advocated for a moratorium on Caribbean debt until the countries devastated by Hurricane Irma have time to rebuild.
In a September letter to IMF Managing Director Christine Lagarde, Jubilee USA’s leadership asked the fund to cease debt collection until recovery efforts are well under way: '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.'"
Read more here.