Save the Children welcomes the G20s efforts to respond to the economic crisis caused by the COVID-19 pandemic, including vital support for the worlds poorest countries.
However, with 35 low-and-middle-income countries continuing to spend more on debt payments than on healthcare for their people, the organisation remains extremely concerned about the lack of debt relief for countries that so desperately need it. Every day without action means lost lives and futures for children who have borne the brunt of the crisis.
G20 debt initiatives established after the COVID-19 crisis have helped several countries to use money that was owed to creditors for their public purse instead of paying off their debt, it can be spent on critical education, …
Read the full article at: https://www.savethechildren.org.au/media/media-releases/g20-must-work-harder-on-debt-relief-for-poore