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Eric LeCompte

Eric LeCompte latest

G20 Endorses Debt Freeze for Poorest Countries
April 16th, 2020 - 06:30 GMT

G20 Endorses Debt Freeze for Poorest Countries

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries from May 1 until the end of the year, as a group of private creditors also backed offering debt relief. The moves to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on their health systems and help ...
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IMF Approves $500 Million to Cancel Debt Payments for 25 Poor Countries
April 14th, 2020 - 06:00 GMT

IMF Approves $500 Million to Cancel Debt Payments for 25 Poor Countries

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