Saturday, 18 Jul 2020 11:07 PM MYT
WASHINGTON, July 18 — Finance officials from the Group of 20 major economies are poised to recommend extending a freeze in official bilateral debt payments by the world’s poorest countries, according to sources briefed on a virtual G20 meeting taking place today. World Bank chief economist Carmen Reinhart told reporters yesterday that the move was “highly probable” since the novel coronavirus pandemic was more severe and taking longer to overcome than initially expected.
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