Published 3 years ago

G20 agree to boost IMF war chest by $650 billion amid pandemic

Summary by Reuters

The world's financial leaders will agree on Wednesday to boost the resources of the International Monetary Fund by $650 billion so it can better help vulnerable countries deal with the effects of the COVIOD-19 pandemic, a draft communique showed. The draft, to be endorsed by financial ministers and central bank governors of the world's 20 biggest economies, also returned to a

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Times of India

G20 agree to boost IMF war chest by $650 bn amid Covid-19 pandemic

The draft, to be endorsed by financial ministers and central bank governors of the world's 20 biggest economies, also returned to a pledge to fight protectionism in world trade, a reference dropped since March 2016 on the insistence of the administration of former U.S. president Donald Trump.

3 years ago·India

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Yahoo News

G20 agrees more help for poorest Covid-hit nations

G20 finance ministers and central bankers agreed Wednesday to extend a moratorium on debt interest payments for the poorest countries, which could lag behind the global recovery from the coronavirus pandemic.

3 years ago·Los Angeles, United States

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News18 India

G20 Nations Agree to Boost IMF War Chest by $650 Billion Amid Covid-19 Pandemic

The world’s financial leaders will agree on Wednesday to boost the resources of the International Monetary Fund by $650 billion so it can better help vulnerable countries deal with the effects of the Covid-19 pandemic, a draft communique stated.

3 years ago·India

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The Independent

Major economies support $650 billion boost in IMF resources

Finance officials of the world’s major economies have agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion

3 years ago·London, United Kingdom

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Reuters

G20 agree to boost IMF war chest by $650 billion amid pandemic

BRUSSELS - The world's financial leaders will agree on Wednesday to boost the resources of the International Monetary Fund by $650 billion so it can better help vulnerable countries deal with the effects of the COVIOD-19 pandemic, a draft communique showed. The draft, to be endorsed by financial ministers and central bank governors of the world's 20 biggest economies, also returned to a

3 years ago·United Kingdom

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Associated Press News

Major economies support $650 billion boost in IMF resources

WASHINGTON (AP) — Finance officials of the world’s major economies on Wednesday agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion as a way to provide more support to vulnerable countries struggling to…

3 years ago·United States

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