US Pledges Aid, Vaccines and Climate Solutions at Vatican Conference jubileeusa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jubileeusa.org Daily Mail and Mail on Sunday newspapers.
IMF Approves Sudan Debt Relief Plan
IMF Approves Sudan Debt Relief Plan
May 11, 2021
Washington DC – On Monday, the International Monetary Fund approved a plan to pay for Sudan s debt owed to the financial institution. Using grants and internal resources, IMF leadership agreed to clear $1.3 billion in missed debt payments or arrears.
“The IMF approved an important step in the process for Sudan debt relief,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. As Sudan wrestles with the pandemic and a 50% poverty rate, debt relief cannot come soon enough.
Sudan is on track to join thirty-seven countries that received debt relief under the Heavily Indebted Poor Countries Initiative, a plan won by debt relief advocates in the early 2000s.
The Tablet May 10, 2021
Rohan Aggarwal, 26, a resident doctor treating patients suffering from COVID-19, looks at a patient’s X-ray scan, inside the emergency room of Holy Family Hospital, during his 27-hour shift in New Delhi May 1, 2021. As India faces a massive surge in new infections and deaths caused by COVID-19, Pope Francis said he was praying for all those affected by the huge health emergency. (Photo: Catholic News Service)
MANHATTAN Two U.S. faith organizations on the front lines of the global coronavirus response stand with the federal government in support of waiving intellectual property (IP) protections for COVID-19 vaccines, in an effort to help the poorer countries get more doses.
Catholics debate Biden s waiver of property rights for vaccines cruxnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cruxnow.com Daily Mail and Mail on Sunday newspapers.
Sudan Debt Relief Moves Forward
Sudan Debt Relief Moves Forward
May 07, 2021
US Plays Major Role in Sudan Relief Effort
Washington DC – Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut in its $50 billion debt this summer, according to the IMF and the World Bank.
“Sudan’s debts would be cut by 85% under the debt relief plan,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network, which was a major force for the creation of the debt reduction process. “Debt relief cannot come soon enough for Sudan as the country struggles with the pandemic and a 50% poverty rate.