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2020.04.16 08:04 GMT+8

G20 agrees to debt relief for poorest countries amid pandemic

Updated 2020.04.16 08:04 GMT+8
CGTN

G20 agrees to debt relief for poorest countries amid pandemic

G20 finance ministers and central bankers on Wednesday agreed to "support a time-bound suspension of debt service payments for the poorest countries that request forbearance."

Saudi Finance Minister Mohammed Al-Jadaan, who currently chairs the group, said this means "poor countries don't need to worry about repaying over the course of the next 12 months."

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