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EU CONTRIBUTES €183 MILLION TO DEBT RELIEF FOR 29 OF THE WORLD'S POOREST AND MOST VULNERABLE COUNTRIES

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Published on: 23-11-2020 Back

 

 The EU will contribute €183 million to the IMF's Catastrophe Containment and Relief Trust for debt relief   in 29 low-income countries, allowing them to increase their social, health and economic spending in   response to the COVID-19 crisis. 

 This contribution, announced just after the G20 Summit endorsed a Common Framework on Debt   Treatments beyond Debt Service Suspension Initiative (DSSI), is fully in line with Commission President   von der Leyen's proposal for a Global Recovery Initiative that links investments and debt relief to the   Sustainable Development Goals.
 
 For more info click here.
 
 
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