G20 Finance Ministers and Central Bank Governors approved, on 13 November, the ‘Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative (DSSI)’ to help poor countries severely affected by the Covid-19 crisis.
The common framework, endorsed at a meeting under the Saudi Arabian presidency of the G20, allows 73 eligible countries to suspend debt service payments to their official bilateral creditors in the G20/Paris Club until the end of 2020, and possibly...