#CancelTheDebt

The #G20 statement on ‘a new debt system’ today is shockingly bad. Expectations were very low, but this is truly underwhelming nonetheless. #CancelTheDebt (1/5)https://jubileedebt.org.uk/press-release/reaction-to-g20-common-framework-f
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1/ Private lenders have been telling borrowing governments you need to keep paying your debt and interest in full during the crisis, to be able to borrow in the future.
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Thread.Early this year, we joined other voices in calling for debt cancellation for low income countries (Lics) and in April 2020, 25 poorest countries won 6 months of debt cancellation
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