Jubilee USA's Eric LeCompte was quoted by the Independent as leaders of the G20 pledged affordable and equal access to the vaccine but did not commit new funds for debt relief aid for developing countries. Read an excerpt below, and click here for the full story.
Saudi G20 summit pledges fair global vaccine access but stops short of developing world debt relief
The leaders of the G20 have pledged “affordable and equitable access for all people” to new coronavirus vaccines, but stopped short of committing new funds to meet that commitment or to deliver debt cancellations for developing nations whose economies have been badly hit by this year’s economic crisis.
“Too many developing countries are still left out of debt relief and aid measures,” said Eric LeCompte, the executive director of Jubilee USA Network.
He added that the G20 needs to implement a wider debt relief framework, pointing out that six of the 12 countries with the highest coronavirus death rates are middle-income countries, which remain outside the scope of the G20 debt process.
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