Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP
Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP

G7 to press China on debt relief for coronavirus-hit poor nations

  • Seven developed nations backed extending G20 Debt Service Suspension Initiative beyond 2020 but acknowledge ‘shortcomings’ of delivery
  • China resists calls from G7 and World Bank to include the China Development Bank in the debt initiative

Topic |   G20
Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP
Ministers of G7 nations met on Friday at a meeting hosted by the US Secretary of the Treasury Steven Mnuchin, and also attended by the World Bank and the International Monetary Fund. Photo: AFP
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