Debt Service Suspension Initiative Current Affairs, GK & News
The World Bank and International Monetary Fund have launched a platform to advise the poor countries on funding for conservation and climate activities. Both the financial organizations will use the platform to factor climate change into negotiations about reducing debt burdens of poor countries. Current Scenario According to the World Bank and IMF, there prevails ..
Category: International / World Current Affairs
On October 1, 2020, the officials of the International Monetary Fund (IMF) called for the extension of G20 Debt Service Suspension initiative till the end of 2021. What is Debt Service Suspension Initiative? The DSSI means that for a limited period of time, the debt service payment from poorest countries are suspended upon the request ..