TANZANIA – The Latest from the U.N. General Assembly (all times EDT):10 a.m.African nations have come out swinging on the third day of the United Nations annual gathering of world leaders, calling for dramatic fiscal measures to help the continent’s economies survive the coronavirus pandemic.
They seek debt cancellation to free up more resources to tackle the virus and its effects, including the fight against other deadly diseases. “We need to purely and simply cancel this debt,” said Niger’s president, Issoufou Mahamadou.
The president of Ivory Coast, one of the world’s fastest-growing economies before the pandemic, called for the extension of a debt moratorium and the issue of special drawing rights at the International Monetary Fund. “I.