Rich nations urged to pay $13 trillion in pledges to Global South
Posted: Mon May 22, 2023 11:21 pm
Rich nations urged to pay $13 trillion in pledges to Global South
Read more here:
https://www.aljazeera.com/news/2023/5/1 ... obal-south
Rich G7 nations owe poor ones an estimated $13 trillion in unpaid development aid as well as support in the fight against climate change, British charity Oxfam says.
Instead of fulfilling their obligations, the International Group of Seven nations and their banks are demanding debt repayments of $232m per day, the organisation said on Wednesday.
Read more here:
https://www.aljazeera.com/news/2023/5/1 ... obal-south
Rich G7 nations owe poor ones an estimated $13 trillion in unpaid development aid as well as support in the fight against climate change, British charity Oxfam says.
Instead of fulfilling their obligations, the International Group of Seven nations and their banks are demanding debt repayments of $232m per day, the organisation said on Wednesday.