By Reuters Staff
1 Min Read
FILE PHOTO: World Bank President David Malpass attends the 1+6 Roundtable meeting at the Diaoyutai state guesthouse in Beijing, China November 21, 2019. REUTERS/Florence Lo/File Photo
WASHINGTON (Reuters) - World Bank President David Malpass on Monday said he expects China, the United States and other Group of 20 major economies to extend a freeze in bilateral debt service payments through the end of 2021 when they meet this week.
The G20 Debt Service Suspension Initiative had already helped countries defer some $5 billion in payments through the end of 2020, with another $7.3 billion in deferred payments expected through June, Malpass told reporters.
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World Bank chief expects G20 to extend debt payment freeze through end-2021 | Hellenic Shipping News Worldwide
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