U.S. and partners support global COVID-19 economic recovery
The United States is leading international efforts to help low-income countries focus resources on recovering from the COVID-19 pandemic. Countries worldwide have faced increasing health care costs and falling revenues in 2020. So the United States, in partnership with the World Bank and the International Monetary Fund, led other large economies in a global initiative to allow up to 73 eligible developing countries to suspend over $5 billion in debt payments and to instead focus the resources on responding to and recovering from the COVID-19 pandemic. Under the Paris Club-G20 Debt Servic...
Source: usembassy.gov
