Berlin Hails Debt Halt for Poor Nations as 'Historic Int'l Solidarity'


German Finance Minister Olaf Scholz hailed a Wednesday agreement by G20 nations to pause debt payments by the world's poorest nations as "an act of international solidarity of historic dimensions."

The G20's agreement to put debt repayments from 77 of the poorest nations on hold this year "creates greater financial room for maneuver for the affected countries, for example to invest in health protection for their populations," Scholz said in a statement.

Comments 0