The President of the World Bank said today that the poorest countries will need debt forgiveness or restructuring in order to be able to finance their battle against the Corona virus, adding that the bank will propose an approach to forgive debt next April.
"The poorest countries will receive the heaviest strikes, especially those that were already heavily indebted before the crisis ... But maintaining the ability to service debt requires the forgiveness of many countries from debt, and this is the only way for it to be They can focus any new resources on fighting the pandemic and its economic and social repercussions. "