UNITED NATIONS, CMC United Nations Secretary-General Antnio Guterres has called for debt relief extension forCaribbean and other middle-income countries.
Guterres says that innovative measures to address debt are required to help the world’s more than 100 middle-income countries expand their economies and exit the COVID-19 pandemic.
In addressing a high-level UN General Assembly meeting on these nations, which account for more than half of the UN’s 193 member-states, Guterres underlined the need for financing to help them recover in the wake of the global crisis.
He said that middle-income countries should have their debts suspended into 2022 to cope with the social and economic impact of the virus.
The UN Secretary General said many…