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

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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.

 

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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...
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