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-African Development Bank - AfDB-Increase debt suspension arrangements to offer low-income and middle-income countries fiscal space - heads of state

Mar 31, 2021 - ENP Newswire

African Development Bank - Several heads of state and government, the United Nations and heads of multilateral development finance institutions on Monday called for expansion of the Debt Service Suspension Initiative, under which low-income countries have suspended paying down debt during the Covid-19 pandemic.

The initiative should be widened beyond low-income countries and its current expiration extended to offer much-needed fiscal space, panelists urged in a discussion of interna...