Topline
The International Monetary Fund announced Monday it would not ask 28 of the worlds poorest countries to make debt payments through October, extending its relief period as Treasury Secretary Janet Yellen said she’s worried 150 million people could be pushed into extreme poverty because of the Covid-19 pandemic.
Treasury Secretary Janet Yellen listens during a meeting with President Joe Biden in the Roosevelt … [+]
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Key Facts
The payments will be paused to “continue to help free up scarce financial resources for vital emergency health, social and economic support to mitigate the impact of the Covid-19 pandemic,” the Washington, D.C.-based f…
Read the full article at: https://www.forbes.com/sites/nicholasreimann/2021/04/05/imf-cancels-debt-payments-for-poorest-countries-as-yellen-calls-for-boosted-covid-relief/
