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Over 20 poor countries seek debt relief, extension possible: IMF

International Monetary Fund has said over 20 poor countries have so far requested for relief from debt under a G20-backed initiative and the Fund stands ready to support an extension of forbearance beyond the end of 2020 if needed.

IMF spokesman Gerry Rice told a regular news briefing in Washington that more than half of the 73 poor countries are eligible for the program prompted by the coronavirus pandemic.

 

 

Source: Radio Pakistan

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