The debt moratorium is widely criticized by Africans

The decisions taken by the Bretton Woods Institutions and the G20 have not satisfied the Africans, who want an outright cancellation. Rather than a simple reprieve for repayments, economists and civil society actors are calling for complete...

The debt moratorium is widely criticized by Africans
The decisions taken by the Bretton Woods Institutions and the G20 have not satisfied the Africans, who want an outright cancellation. Rather than a simple reprieve for repayments, economists and civil society actors are calling for complete debt cancellation. The World Bank and the IMF have warned that Sub-Saharan Africa will experience its first widespread economic recession in 25 years by 2020.