Date Time Debt transparency needed to boost financing flows to developing countries The discussion focused on how to improve debt disclosures and on the recording and management of non-standard debt. February 19th, 2021 Officials from G20 members, guest countries, academics and international organisations gathered virtually, yesterday and today, for a workshop discussing how to improve debt transparency in both debtor and creditor countries; and for the second meeting of the International Financial Architecture (IFA) Working Group. While tackling debt vulnerabilities has always been a component of the G20 work, the economic crisis triggered by Covid-19 outbreaks exacerbated pre-existing vulnerabilities and created unprecedented financing needs in many low-income countries. In 2020, the G20 took important measures to alleviate the burden of the crisis for the most fragile economies. This year, the Membership will need to continue to address these issues.