RIYADH | SAUDI ARABIA – Finance Officials from the Group of 20 major economies are poised to recommend extending a freeze in official bilateral debt payments by the world’s poorest countries, according to a source briefed on a virtual G20 meeting taking place Saturday. Multiple sources said there was strong support for extending the Debt … More BUSINESS | G20 Finance Officials Poised To Recommend Extension Of Debt Freeze
BERLIN – Germany pledged 3 billion euros at a meeting of G20 finance ministers to help the world’s poorest countries, the finance ministry said on Saturday. The funds will be made available as long-term loans for the International Monetary Fund’s Poverty Reduction and Growth Trust (PGRT).
RIYADH | SAUDI ARABIA – Finance ministers and central bankers from the Group of 20 major economies will convene via video conference on Tuesday, for the second time in just over a week, to coordinate their response to the coronavirus pandemic, three sources told Reuters. One of the sources said the among the topics of … More BREAKING NEWS | G20 Finance Officials To Speak Again On Tuesday About Coronavirus
RIYADH | SAUDI ARABIA – Finance ministers and central bankers from the world’s 20 largest economies agreed on Monday to develop an ‘action plan’ to respond to a coronavirus pandemic that the IMF now expects to trigger a global recession, but they offered no specifics. The G20 secretariat issued the statement after the finance officials … More BUSINESS NEWS | G20 Says Developing Action Plan To Deal With Global Pandemic
RIYADH | SAUDI ARABIA – Finance Minister from the Group of 20 major economies are to meet by teleconference on Monday, according to the published agenda of French finance chief Bruno Le Maire. The talks, scheduled for 1100 GMT, come as the G20 faces pressure to bridge internal division and take coordinated action against the … More SAUDI ARABIA | G20 Finance Ministers To Hold Talks As Coronavirus Fallout Grows