G7 backs debt moratorium for poor countries, if G20 and Paris Club agree: Oxfam reaction
14 April 2020
Without urgent action to relieve developing countries of all their external debt payments this year, and ensure they don't accrue into the future, the coronavirus could lead to millions of deaths and force half a billion more people around the world into poverty, said Oxfam today in response to the G7's joint statement on debt moratorium for poor countries.