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The G20 should call on private lenders to suspend debt repayments during a pandemic; China provides $ 2.1 billion in debt relief to poor countries; Religious leaders provide recommendations to the G20

Devex: Religious leaders present recommendations to G-20
“An international group of religious leaders and advocates this week presented a series of recommendations to Saudi Arabia, which chairs the G-20, ahead of the group’s high-level summit with world leaders which begins on November 20. The G20 Interfaith Forum brings together religious leaders and religious institutions from around the world to provide recommendations to heads of state on a multitude of development topics. Initially formed to tackle global economic problems, the G-20 has been pressed to address broader international challenges such as climate change and gender equality… ”(Welsh, 19/11).

The Guardian: “People are suffering”: G20 calls on private lenders to suspend debt repayment
“… Governments in the developing world are struggling to adjust to widespread financial losses from Covid-19, made worse by debt repayment to private creditors. The grouping of the biggest economies, the G20, is meeting in Saudi Arabia this weekend, and will urge private lending institutions to halt debt repayment, ideally to allow more spending to fight the pandemic … ”(Michaelson , 20/11).

Reuters: China says it has given $ 2.1 billion in debt relief to poor countries
China has provided debt relief to developing countries of a combined value of $ 2.1 billion under the G20, the highest among the group in terms of the amount deferred, the G20 said on Friday. Minister of Finance of the country, Liu Kun… ”(20/11).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 to December 2020. All summaries are archived and available through search.

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