G20 Debt Suspension Service Initiaitive Current Affairs, GK & News

IMF: Sub-Saharan Africa to see world’s slowest growth in 2021

The International Monetary Fund recently released the Regional Economic Outlook for Sub Saharan Africa. According to the report the Sub Saharan region is to witness the world’s slowest growth in 2021. Key Findings The sub-Saharan region is projected to grow by 3.4% in 2021. This is way below the global growth prediction of 5.5% in ..

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Historic Debt Pact of G20 to help poor countries hit by COVID-19

The G20 countries for the first time agreed on a common framework to restructure government debts. This is because COVID-19 crisis has left the poorer countries at risk of failing to repay the loans. Earlier the G20 countries agreed on G20 Debt Service Suspension Initiative. Now, it is being signed as a pact with an ..

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