G20 debt relief program draws 41 poor countries so far: statement

G20 debt relief program draws 41 poor countries so far: statement
  • Clock-gray 01:49
  • calendar-gray 26 June 2020

A Group of 20 debt service suspension initiative agreed in April has received 41 applications from the 73 poor countries eligible for the official bilateral debt relief initiative, Saudi Arabia’s G20 Secretariat said on Thursday, APA reports quoting Reuters. 

Following a G20 debt working group meeting, the Secretariat said in a statement that 26 of the countries applying for debt relief through the end of 2020 were from Africa, and implementation of the program had accelerated in June.

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