https://www.bloomberg.com/news/articles/2020-04-15/g-20-supports-time-bound-suspension-of-debt-for-poor-nations
G20 Finance ministers and Central Bank Governors, endorsed the G20 Action Plan in response to the COVID19 pandemic. According to the plan, G20 members will back the IMF's support relief to economically vulnerable countries, temporary suspend the debt servicing payments from the poorest countries, and work closely to implement the emergency relief packages by the World Bank and Development Banks. G20 members will work closely together to promote and sustain a successful global economic recovery. For a short term period, G20 members have committed to help contain the spread of the COVID19, and provide assistance to minimise the social and economic damage in the emerging markets and developing countries.
G20 Finance ministers and Central Bank Governors, endorsed the G20 Action Plan in response to the COVID19 pandemic. According to the plan, G20 members will back the IMF's support relief to economically vulnerable countries, temporary suspend the debt servicing payments from the poorest countries, and work closely to implement the emergency relief packages by the World Bank and Development Banks. G20 members will work closely together to promote and sustain a successful global economic recovery. For a short term period, G20 members have committed to help contain the spread of the COVID19, and provide assistance to minimise the social and economic damage in the emerging markets and developing countries.
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