Exclusive: Debt Justice says hardline stance is preventing progress on alleviating poverty

Some of the world’s biggest financial companies stand to profit by up to $30bn by resisting mounting pressure to provide debt relief for five heavily indebted countries, a campaign group has said.

Debt Justice said the hardline stance adopted by private-sector creditors was preventing progress on easing the financial burden of Ethiopia, Ghana, Sri Lanka, Suriname and Zambia that could help alleviate poverty.

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