geopolitics-00352
International Monetary Fund

Financial officials of the Group of 20 major economies said on Wednesday in a joint statement they had agreed on a coordinated approach for a suspension of debt service payments for the world’s poorest countries.

The officials also called on private creditors to participate in the initiative “on comparable terms.”

Reporting by Davide Barbuscia; Editing by Toby Chopra

Source: Reuters, April 15, 2020