23 former Finance Ministers & Central Bank Governors have signed a statement calling on G20 to enact a 'Debt Relief for a Green & Inclusive Recovery Initiative,' requiring bilateral, multilateral, & private sector debt relief on a grand scale:
https://drgr.org/2021/01/15/statement-on-debt-relief-for-a-green-and-inclusive-recovery/
https://drgr.org/2021/01/15/statement-on-debt-relief-for-a-green-and-inclusive-recovery/
The statement from former Governors and Ministers supports creating a substantial new allocation of @IMFNews Special Drawing Rights, accompanied by a significant increase in multilateral and regional development bank financing:
https://drgr.org/2021/01/15/statement-on-debt-relief-for-a-green-and-inclusive-recovery/
https://drgr.org/2021/01/15/statement-on-debt-relief-for-a-green-and-inclusive-recovery/
Leaders from Germany, India, Brazil, South Africa, Ireland, Nigeria, Chile, Colombia, Peru, Barbados, Bangladesh, Seychelles, Maldives, Uganda, Kenya, Thailand, Pakistan & Sierra Leone have signed & encourage a @g20org emergency summit on debt relief: https://drgr.org/2021/01/15/statement-on-debt-relief-for-a-green-and-inclusive-recovery/
It is essential that debt relief go beyond the poorest countries, have compulsory private sector involvement, and be geared to a green and inclusive recovery with adequate financing.
See report from @GDPC_BU @boell_intpol @CSF_SOAS for such a proposal: http://www.bu.edu/gdp/2020/11/15/debt-relief-for-a-green-and-inclusive-recovery/
See report from @GDPC_BU @boell_intpol @CSF_SOAS for such a proposal: http://www.bu.edu/gdp/2020/11/15/debt-relief-for-a-green-and-inclusive-recovery/