May 18, 2020 / 12:05 PM / 11 days ago

Barbados PM calls for debt relief for Caribbean in pandemic

GENEVA, May 18 (Reuters) - Barbados Prime Minister Mia Mottley said on Monday that the Caribbean bloc Caricom states need a restructuring of debt or a debt moratorium to “provide certainty to both borrower and lender” during the pandemic.

Mottley, addressing the World Health Organization’s annual assembly being held virtually, warned that without debt relief there could be a “disorderly unravelling” that will create a crisis both within countries and the global financial system.

Reporting by Stephanie Nebehay; editing by Emma Farge

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below