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G20 officials pledge immediate measures to address Covid-19
Riyadh: Group 20 (G20) finance ministers and central banks governors vowed on Saturday to take immediate and exceptional measures to address Covid-19.
During a video meeting held on Saturday, they welcomed the progress of the Debt Service Suspension Initiative (DSSI), said a statement by the Saudi G20 Presidency, Xinhua reported.
To date, 42 countries have requested to be benefited from the DSSI, amounting to an estimated $5.3 billion of 2020 debt service to be deferred.
To provide maximum support to DSSI-eligible countries, the G20 officials vowed to continue to closely coordinate in its implementation.
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