Coronavirus Latest News

World poverty rising as rich nations call in debt amid Covid, warns Gordon Brown

Child mortality crisis is looming as nations struggle to make payments to west and China, says former prime minister

It is being called the “great reversal”. After decades of progress, the international goal of eradicating extreme poverty by 2030 is in jeopardy, Gordon Brown has warned, as developing countries battling the coronavirus sacrifice their health and education systems to pay western and Chinese creditors.

“We need a comprehensive new plan that recognises the need for some countries to restructure and reduce debt,” Brown told the Observer. Ahead of a key G20 meeting next weekend, the former prime minister is calling for a global solution if an imminent child mortality crisis is to be averted.

Continue reading…

Read the original article at The Guardian

Related Articles

Back to top button
Close