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UN calls for urgent action on debt, vaccines, around the world | United Nations Development Programme

UN calls for urgent action on debt, vaccines, around the world

Posted on April 10, 2021 UN calls for urgent action on debt, vaccines, around the world Finance ministers, central bank governors weigh new measures to curb surging inequalities Photo: Viacheslav Lopatin/Shutterstock.com   Washington The United Nations called this week for expanded debt relief to all developing countries that request it and faster, more equitable COVID-19 vaccinations to tackle “unprecedented” fallout from the ongoing COVID-19 pandemic. “To avoid a development crisis, the world must avoid a debt crisis,” UNDP Administrator Achim Steiner said on behalf of the United Nations in statements to the World Bank and International Monetary Fund (IMF) Development Committee and to the International Monetary and Financial Committee Board of Governors, gathered virtually for their yearly Spring Meetings. “This is no time for austerity.”

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