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Venezuela calls for debt restructuring in response to Covid pandemic
Medical workers from the Jose Gregorio Hernandez public hospital in Caracas, Venezuela, take part in a Holy Week celebration
VENEZUELA is calling for a comprehensive restructuring of international debt in the wake of the Covid-19 pandemic.
Addressing the UN heads of state meeting on international debt, President Nicolas Maduro said that more than 130 million people had been plunged into poverty during the pandemic.
A “profound revision of debt conditions” was needed to prevent them being used as “a weapon for control, blackmail or domination,” he stressed.
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