Developing world needs $1 trillion debt write-off - UN agency (Reuters)

Start Date: Thursday, April 23, 2020

Last Modified: Monday, May 4, 2020

End Date: Friday, December 31, 9999


JOHANNESBURG (Reuters) - Around $1 trillion of debt owed by developing countries should be canceled under a global deal to help them overcome the economic fallout of the COVID-19 pandemic, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday.


"This is a world where defaults by developing nations on their debt is inevitable," said Richard Kozul-Wright, director of UNCTAD's Division on Globalization and Development Strategies.

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World Health Organization EAIR (Civil Aviation) Global Health Security Action Group Global Health United Nations COVID-19 Bureau of East Asian and Pacific Affairs (DOS) Coronavirus KFLU — Avian and Pandemic Influenza Activities United Nations Conference on Trade and

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