Lowering poor nations' money owed, charities are calling on the G20 nations

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The G20 Group will suspend debt payments from 77 of the world's poorest countries

A homeless man wearing a handkerchief to cover his face walks in front of a Buddhist temple in Colombo, Sri Lanka. The country has one of the largest Differences between the proportions of government revenue for health and external debt

A homeless man wearing a handkerchief to cover his face walks in front of a Buddhist temple in Colombo, Sri Lanka. The country has one of the largest …

A move by the G20 group of countries this week to suspend debt payments from 77 of the world's poorest countries is welcome, but won't go far enough, the anniversary debt campaign says.

The director, Sarah-Jayne Clifton, said the suspension was an important step forward by saving $ 12 billion and giving these countries room to fight the Covid 19 crisis. But suspending payments instead of canceling them meant that interest rates would continue to rise.

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