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Britain said officials discussed giving help to workers and businesses hit by the pandemic.. Read more at straitstimes.com.

Chad has officially requested a debt restructuring, the first country to do so under a new common framework hammered out last year by China and other Group of 20 countries with the help of the Paris Club, the International Monetary Fund said on Wednesday.

Debt burdens of a number of African nations have worsened due to the pandemic’s economic fallout

Zambia seeks debt restructuring under G20 common framework Reuters"> By Reuters - 05 February 2021 - 18:13 Zambian flag Image: Picture: 123RF/GRAF VISION Zambia, which became Africa's first pandemic-era sovereign default late last year, said on Friday it had requested a restructuring of its debt under a new framework supported by the Group of 20 major economies. The precarious debt burdens of a number of African nations have worsened due to the economic fallout from the COVID-19 pandemic. Zambia did not make payment of a coupon on one of its dollar bonds in Novembe...

After Default, Zambia Becomes Third Country Seeking G20 Debt Relief After Default, Zambia Becomes Third Country Seeking G20 Debt Relief February 05, 2021 Washington DC – Zambia requested the G20 coronavirus debt relief process, the "Common Framework for Debt Treatment beyond the Debt Service Suspension Initiative." The process allows up to 73 of the world’s poorest countries to seek support under the mechanism. “The pandemic is hitting the economies of poor countries pretty hard and many more countries will be requesting debt relief," noted Eric LeCompte who leads the religious developm...