BERLIN : Financial leaders of the 20 largest economies (G20) are discussing an immediate debt moratorium worth up to $14 billion to help poor countries free up funds in their fight against the coronavirus pandemic, a senior German official said on Tuesday.
The debt moratorium, suggested by the International Monetary Fund and the World Bank, will likely be the key part of an action plan that the Group of 20 finance ministers are expected to fine-tune and present on Wednesday, the official said. "Germany is assuming responsibility not only at home and in Europe, but also in the world - and that's why we support the debt moratorium proposed by the IMF and World Bank to help the poorest countries in the world," said the official who spoke on