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ECLAC pushes to include middle-income countries in debt relief

ECLAC pushes to include middle-income countries in debt relief

July 13, 2021 | Thierry Ogier
UN commission also calls on governments to maintain emergency transfer programs

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The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has pushed for middle-income countries to be included in all debt relief initiatives and called for a "multilateral forum" to debate conditions for issuing and restructuring debt. "[W]e need a new international financial architecture to respond to the emergency and development in the region," ECLAC Executive Secretary Alicia Bárcena said in a report last week. In the report, ECLAC said countries in Latin America f

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