Debt Moratorium Essential To Help Africa Fight Virus
April 15, 2020
6:28 pm
French President Emmanuel Macron on Wednesday called for a moratorium on the debt of African countries as “an essential step” to help the continent get through the coronavirus crisis.
Speaking in an interview with Radio France Internationale, Macron urged G20 finance ministers meeting Wednesday to take action on a moratorium as the COVID-19 pandemic threatens to overwhelm the fragile health systems of the poorest countries.
The moratorium would be a first step towards full cancellation of African debt, he said.
“At a time of crisis, we need to give the African economies a break rather than servicing the interest on …
