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Covid-19: G7 finance urges private sector to take action in poor countries

2020-09-25T14:14:54.865Z


The finance ministers of the G7 group on Friday reiterated their appeal to private creditors to participate in the suspension of the debt of the poorest countries weakened by the health crisis, an initiative which had been announced in mid-April. " The voluntary participation of the private sector was absent, which limited the potential benefits for several countries, " they deplore in a joint st


The finance ministers of the G7 group on Friday reiterated their appeal to private creditors to participate in the suspension of the debt of the poorest countries weakened by the health crisis, an initiative which had been announced in mid-April.

"

The voluntary participation of the private sector was absent, which limited the potential benefits for several countries,

" they deplore in a joint statement sent by the US Treasury.

In the spring, the finance ministers and central bankers of the G20 group had given their approval to an immediate suspension and for a period of one year of the debt of the poorest countries, particularly weakened by the crisis caused by the pandemic again. coronavirus.

Source: lefigaro

All business articles on 2020-09-25

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