G20 financial officials say action plan will address low-income debt risk

G20 financial officials say action plan will address low-income debt risk
  • Country:
  • Saudi Arabia

An action plan by the Group of 20 major economies to address the coronavirus pandemic will consider the risk of debt vulnerabilities in low-income countries and deliver financial aid to emerging countries, a joint statement said on Tuesday.

G20 finance minister and central bank governors, who spoke by video conference for the second time in just over a week, said they had tasked relevant working groups to deliver on the roadmap by an April 15 meeting.

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