From the great Lockdown to the great meltdown : developing country debt in the time of Covid-19
2020
Formats
| Format | |
|---|---|
| BibTeX | |
| MARCXML | |
| TextMARC | |
| MARC | |
| DublinCore | |
| EndNote | |
| NLM | |
| RefWorks | |
| RIS |
Files
Details
Symbol***
TitleFrom the great Lockdown to the great meltdown : developing country debt in the time of Covid-19
AccessEnglish: unctad - PDF ;
AuthorsUNCTAD
Date[Geneva] : UN, April 2020
Description
16 p.
Notes
The UN trade and development body set out on 23 April 2020 urgent measures needed to head off a looming debt disaster in developing countries reeling from the economic fallout from the coronavirus pandemic. UNCTAD released a report that calls for a global debt deal for the developing world. It underlines the vital need for decisive action to provide substantive debt relief to developing countries to free up sorely needed resources to respond to the raging pandemic. On 30 March, UNCTAD called for a $2.5 trillion coronavirus crisis package for developing countries. Even prior to the COVID-19 crisis, many of these countries faced high and rising shares of their government revenues going to debt repayments, squeezing health and social expenditures.