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Italy says G20 to discuss extension of debt relief for poor countries

Europe Materials 26 January 2021 04:29 (UTC +04:00)

Italy aims to use its presidency of the Group of 20 major global economies to try to ensure further debt relief for poor countries, the Treasury said in a statement on Monday, Trend reports citing Reuters.

Finance and Central Bank deputies are set to hold a virtual meeting on Jan. 25-26.

Italy took over the annual rotating presidency of the G20 on Dec. 1 and will look to build on a deal struck by major international creditors in April that was aimed at relieving the world’s poorest nations of debt payments.

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