G7 finance ministers called for full implementation of G20 debt freeze, says US Treasury | Malay Mail

📆 2020-07-13 8:38 PM
📰 malaymail

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

WASHINGTON, July 13 — Group of Seven finance ministers today called for full implementation of a G20 freeze in debt service payments by all official bilateral creditors and adherence to debt data transparency standards, a US Treasury spokesperson said in a statement. In a teleconference held...

Monday, 13 Jul 2020 11:14 PM MYT

In a teleconference held early today, the G7 ministers also discussed domestic and international economic responses to the coronavirus pandemic and strategies to achieve a robust global recovery, a Treasury statement said. G20 finance ministers are to discuss the debt moratorium during a teleconference on Saturday amid growing calls for an extension, given a deeper downturn in the global economy that will hit heavily indebted countries particularly hard.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business, labour groups urge G20 to extend, expand debt freeze for poorer countries | Malay MailWASHINGTON, July 13 — The International Chamber of Commerce, a global trade union and civil society groups urged the Group of 20 major economies to extend and expand a freeze in debt service payments to help not just the poorest, but also middle-income countries, weather the coronavirus pandemic...
Source: malaymail - 🏆 1. / 86 Read more »