"We call on all G-20 leaders through these [international financial institutions] to support the cancellation of debt obligations held by all IDA countries during this unprecedented pandemic... The vulnerable communities that lack the resources and privileges to adopt adequate public health measures will ultimately face the disproportionate burden of coronavirus... We also urge you to support a major issuance of Special Drawing Rights (SDRs) in order to provide developing countries with urgent financial support... An issuance of SDRs on the order of trillions of dollars will be required to avert major increases in poverty, hunger and disease."
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Global Lawmakers Letter, quoted by COVID-19: Global Lawmakers Call on IMF, World Bank to Cancel Debt of Poor Nations, Consortium News, (May 19, 2020)
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