Revisit, reform existing global debt framework—President Ali

(Office of the President Press Release) His Excellency Dr Irfaan Ali said that Guyana is “deeply concerned” over the widening development chasm between rich and poor countries as a result of the COVID-19 pandemic.

He also called for more systems to be put in place to aid countries struggling to rebound from the deadly disease. 

The Head of State made these assertions earlier (Monday) when he took part in the virtual Meeting of Heads of State and Government, on the International Debt Architecture and Liquidity.

“Guyana would therefore like to take this opportunity to urge developed countries and international financial institutions to immediately revisit and reform the existing international debt framework, so as to make it more responsive to developing countries’ needs.”

During the address, President Ali joined Prime Minister of Canada H.E. Justin Trudeau; the Prime Minister of Jamaica H.E. Andrew Holness and UN Secretary-General António Guterres and other world leaders. 

Read more at: Office of the President

Source: CARICOM TODAY