12 October – Washington – ONE/Experts Letter Advocates one of DFI’s Key Suggestions
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24 top global economic experts have published an open letter defining their top priorities to resolve the current global South debt crisis. The experts were the members of the three major global commissions which reported on how to resolve the debt crisis in 2024: the Jubilee Commission, the UNSG’s Expert Review, and Healthy Debt on a Healthy Planet. Their headline recommendation was that all debt relief deals should aim to reduce debt service burdens to 10% of budget revenue, a policy position DFI has been suggesting since 2022. The letter was coordinated by the ONE campaign and covered in the Guardian on 12 October.
