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The G20 at the bedside of the poorest countries

2021-04-08T08:11:21.679Z


INFOGRAPHIC - The challenge is to reduce the debt burden and increase financing capacities. The shock of the pandemic is particularly severe for the least developed countries of the planet. They were ill-equipped to cope with the health, economic and financial consequences. The crisis has dried up the external financing they badly need: income from exports and tourism, foreign direct investments, money from the diaspora. The international community has mobilized at several levels. Since


The shock of the pandemic is particularly severe for the least developed countries of the planet.

They were ill-equipped to cope with the health, economic and financial consequences.

The crisis has dried up the external financing they badly need: income from exports and tourism, foreign direct investments, money from the diaspora.

The international community has mobilized at several levels.

Since the start of the pandemic, the IMF has released $ 108 billion in unconditional emergency aid to 86 countries and the World Bank $ 83 billion until last December, including $ 24 billion in commitments in Africa.

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On the debt front, the level of which has worsened with the pandemic, the creditors of the G20 and the Paris Club have proposed to 73 countries to postpone the payment of maturities.

Set up last March, the system has been extended several times until June of this year.

Gathered in virtual format under the Italian Presidency, the major

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Source: lefigaro

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