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UPDATE 1-U.S. Treasury official says G20 debt-relief scheme must be transparent – Reuters

By Daniel Leussink

2 Min Read

* G20 debt relief requires vigilance: U.S. Treasury Undersecretary McIntosh

* Initiative has helped 46 countries defer over $5 billion in debt service payments: McIntosh

* Need for extra economic aid remains: McIntosh (Adds quotes on extra economic aid)

TOKYO, Dec 8 (Reuters) – Continuing vigilance is needed to check that China and other countries participate transparently in a Group of 20 debt-relief framework, U.S. Treasury Undersecretary for International Affairs Brent McIntosh said on Tuesday.

Leaders of the worlds 20 biggest economies last month endorsed a plan to extend a freeze in debt-service payments by the poorest countries to mid-2021 and agreed to a common approach for dealing with debt problems beyond…

Read the full article at: https://www.reuters.com/article/g20-debt-usa/update-1-us-treasury-official-says-g20-debt-relief-scheme-must-be-transparent-idUSL1N2IO0PW

Category: Debt HelpBy Insolvency GuardianDecember 8, 2020

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UPDATE 1-U.S. Treasury official says G20 debt-relief scheme must be transparent – Reuters

By Daniel Leussink

2 Min Read

* G20 debt relief requires vigilance: U.S. Treasury Undersecretary McIntosh

* Initiative has helped 46 countries defer over $5 billion in debt service payments: McIntosh

* Need for extra economic aid remains: McIntosh (Adds quotes on extra economic aid)

TOKYO, Dec 8 (Reuters) – Continuing vigilance is needed to check that China and other countries participate transparently in a Group of 20 debt-relief framework, U.S. Treasury Undersecretary for International Affairs Brent McIntosh said on Tuesday.

Leaders of the worlds 20 biggest economies last month endorsed a plan to extend a freeze in debt-service payments by the poorest countries to mid-2021 and agreed to a common approach for dealing with debt problems beyond…

Read the full article at: https://www.reuters.com/article/g20-debt-usa-idUSL1N2IO0PW

Category: Debt HelpBy Insolvency GuardianDecember 8, 2020

Post navigation

PreviousPrevious post:U.S. Treasury official says G20 debt relief scheme must be transparent – Reuters UKNextNext post:Grocon’s first creditors meeting is unlikely to give much clarity to sub-contractors – ABC News

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Breathing Space – BBC
May 30, 2025
When your student, HECS debt will be cut
May 30, 2025
Gambling debt prompts Faridabad driver to flee with Rs27L cash van, held | Gurgaon News
May 30, 2025
Vermont Enacts Medical Debt Relief Law, Bans Credit Reporting
May 30, 2025
Labour is offering ‘no positive support whatsoever’, says brewer Adnams amid mounting debt pile fears
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May 30, 2025
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