UN Chief calls for further debt relief for developing countries amid COVID-19


NEW YORK: UN Secretary-General Antonio Guterres has called for further debt relief for poor and middle-income countries for them to respond to COVID-19.

In a joint press conference with Canadian Prime Minister, he said  the Debt Service Suspension Initiative (of the Group of 20) will be extended and its scope expanded to all developing and middle-income countries in need.

He urged the international community to take a collective action to provide 35 billion U.S. dollars to the ACT-Accelerator.

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