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G20 countries agree debt freeze for world’s poorest countries

G20 countries agree debt freeze for world’s poorest countries

The G-20 richest nations have agreed on a debt standstill for the world’s poorest nations through the end of the year. The actions to freeze both principal repayments and interest payments will free up more than $20B for the countries to spend on improving their health systems. French Finance Minister said 76 countries were eligible for the moratorium, including about 40 in sub-Saharan Africa.

Timothy
Timothy
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