G20 set to extend ‘last or final’ debt payment freeze until end of 2021 to aid coronavirus recovery, World Bank chief says

Apr 6, 2021 | INVESTING

World Bank president David Malpass said on Monday he expects China, the United States and other Group of 20 (G20) major economies to extend a freeze in bilateral debt service payments until the end of 2021 when they meet this week.The G20 Debt Service Suspension Initiative (DSSI) has already helped countries defer some US$5.7 billion in payments until the end of 2020, with another US$7.3 billion in deferred payments expected until June, according to World Bank data.Extending the debt payment…

Read More

Pin It on Pinterest