Meeting the Moment: Debt Relief for Middle Income Countries

10:00 am on Tuesday, June 1, 2021
11:00 am on Tuesday, June 1, 2021

ISPI, the T20 National Coordinator and Chair, and Boston University Global Development Policy Center are co-promoting the T20 Associated-event “Meeting the Moment: Debt Relief for Middle Income Countries”, in cooperation with the Creco Research Institute, the Centre for Social and Economic Progress, The Group of 24, the Centre for Finance and Development at the the Graduate Institute of International and Development Studies, the Labour 20 and LPEM FEB UI. This public event is preceded by a closed-door Workshop by invitation only, intended as an occasion to broaden participation in the Task Force (TF) “International Finance.”

Over 70 countries around the world might be at risk of external debt distress this year, including many middle income countries (MICs). As the world runs the risk of a financial crisis from the COVID-19 pandemic, MICs are showing particularly high vulnerabilities. This is worrying, as most of these countries are not covered by current debt relief schemes.

What can the global community expect from rising debt levels in MICs? How can MICs avoid financial crises out of COVID-19? And what can the G20 do to support these countries?

Join us Tuesday, June 1 at 10 AM EST//4 PM CEST for a webinar discussion.


Mia MOTTLEY, Prime Minister and Minister of Finance, Barbados

Rakesh MOHAN, President and Distinguished Fellow, Centre for Social and Economic Progress (CESP), India

Carmen REINHART, Vice President and Chief Economist, World Bank Group

Shamshad AKHTAR, Chairperson, Pakistan Stock Exchange; Former Central Bank Governor and Minister of Finance, Pakistan

Franco BRUNI, Vice President, ISPI; Lead Co-Chair, T20 Italy TF9 on International Finance

Kevin Gallagher, Director, Global Development Policy Center, Boston University; Co-Chair, T20 TF9 on International Finance