Stalling action on debt relief at G-20 meeting was sinful, advocate says – Crux: Covering all things Catholic

Mohammed al-Jadaan, Saudi Arabia’s minister of finance, wears a protective mask as he attends a virtual meeting of G-20 finance ministers and central bank governors July 18, 2020. Advocates say they are disappointed the G-20 meeting did not yield as much help for desperately poor nations struggling during the COVID-19 pandemic as hoped for, and…

IMF Executive Board Approves US$7.6 Million Debt Relief to the Republic of Burundi Under the Catastrophe Containment and Relief Trust – International Monetary Fund

July 20, 2020 The IMF Executive Board approved debt relief under the Catastrophe Containment and Relief Trust to provide US$ 7.63 million (SDR 5.48 million) over the next 3 months, and potentially up to US$ 24.97 million (SDR 17.96 million) over the next 21 months. IMF debt relief will help free up resources for public…