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Motion: Cancel Low-Income Countries' Debt

Senator FARUQI (New South Wales) (15:40): I ask that general business notice of motion No. 593, standing in my name for today and relating to the impact of COVID-19 on low-income countries, be taken as a formal motion.

The PRESIDENT: Is there any objection to this motion being taken as formal?

A government senator: Yes.

The PRESIDENT: There is an objection. Formality has been denied, Senator Faruqi.


Text of the motion

I give notice that on the next sitting day I will move —That the Senate:
1. Notes that:
        a. Low income countries will be hit hardest by the COVID-19  pandemic, with the health, social and economic impacts expected to push millions of people into poverty. 
        b. Public health systems are desperately under-funded and ill-equipped in many low income countries. 
        c. Debt forgiveness from international financial institutions, including the International Monetary Fund (IMF) and World Bank, for low income countries will assist in the recovery from COVID-19.

2. Calls on the Australian Government to use its leverage to lobby international financial institutions to cancel debt for low-income countries in response to the global COVID-19 crisis. 

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