Home / Daily Briefs / 2021 / 9 / Argentina, Mexico urge debt relief for middle-income countries

Argentina, Mexico urge debt relief for middle-income countries

Argentina, Mexico urge debt relief for middle-income countries

April 9, 2021
Countries calls for a specific fund and more SDRs to stop a health and economic crisis from turning into a debt crisis

Corporate & Sovereign Strategy International Monetary Fund (IMF) World Bank Economy & Policy Bonds Debt Funds Loans Latin America Argentina Mexico Capital Markets Healthcare Health Policy

Argentina and Mexico called on international financial institutions to create a fund to provide debt relief for middle-income countries and requested greater access to special drawings rights (SDRs) from the International Monetary Fund (IMF). "This will prevent the health and the economic crisis from turning into a debt crisis in the medium term, allowing the vast majority of the world's population not to transition into the forgotten majority," the two countries said in a joint statement on Wed

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