Global coalition to G20: Nigeria, others deserve debt cancellation

The coalition is armed with a presentation to be submitted to G20 finance ministers at their meeting billed for Wednesday, it was learnt on Tuesday.

The coalition spoke of the need for the G20 countries “to heed the warnings – a ‘third wave’ of the coronavirus crisis could result in a catastrophic loss of life in poorer countries in the Global South and push half a billion more people into poverty.”The coalition said in statement: “The window to act is closing quickly. But this week, the G20 finance ministers, the IMF and the World Bank can offer an instant lifeline – cancel all external debt payments for 2020.

Your plans won't work...... Nigeria🇳🇬 government didn't use the debt for his people they shared it among themselves......... So please erase the thought of removing Nigeria🇳🇬.......

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Coronavirus: Why Nigeria deserves debt pardon from IMF/World Bank - NLC - Premium Times NigeriaThe labour movement expressed displeasure that Nigeria was excluded from the list of benefitting countries announced by IMF. Someone gave you a loan and you're telling him to write it off for whatsoever reason. Na by force? After reading The Debt Threat by noreenahertz I have come to realise the WorldBank and IMF hardly 'pardons' debt. The most they can do is promise debt relief and after some time, you hardly hear of the discussion. For now, let's just stay alive.
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