The time has come for a massively ambitious plan to overcome the impacts of the coronavirus crisis in developing countries, and on a scale we’ve never seen before in our lifetimes. By Chema Vera from Oxfam International.
Rapid action is needed to head off the risk of a new debt crisis in the world’s poorest countries amid evidence that the Covid-19 pandemic is raising borrowing costs and hitting commodity exports, according to a leading campaign group.
Public services play a critical role in advancing human rights and fighting inequality. But growing levels of external public debt threaten the very services on which citizens depend in order to have even a basic standard of living, explains a report by Eurodad.