MAS, banks said to be in talks to extend debt relief scheme for borrowers hit by Covid-19 pandemic fallout – The Straits Times

SINGAPORE (BLOOMBERG) – The Monetary Authority of Singapore (MAS) is in talks with lenders about extending the Republic’s debt moratorium programme beyond Dec 31 to provide extra relief toborrowers hit by the fallout from the coronavirus pandemic, according to people with knowledge of the matter. One of the key measures being discussed by the MAS…

G-7 backs extension of debt relief program to fight pandemic – The Mainichi

This May 24, 2016 file photo shows flags of Group of Seven industrialized countries. (Kyodo) TOKYO (Kyodo) — The Group of Seven finance ministers said Friday they will support an extension of an international debt relief program to help poor countries take measures against the coronavirus pandemic. Japanese Finance Minister Taro Aso said China’s involvement…

Pakistani PM calls for additional debt relief measures for developing countries amid COVID-19 – Xinhua | English.news.cn – Xinhua

Video PlayerClose ISLAMABAD, Sept. 26 (Xinhua) — Pakistani Prime Minister Imran Khan called on developed countries and international money lenders to extend and expand debt suspension for developing countries in order to help them recover from the COVID-19 pandemic. Debt relief is one of the best ways to create needed fiscal space for developing countries,…

G-7 backs extension of debt relief program to fight pandemic – Kyodo News Plus

The Group of Seven finance ministers said Friday they will support an extension of an international debt relief program to help poor countries take measures against the coronavirus pandemic. Japanese Finance Minister Taro Aso said China’s involvement in the initiative, led by the Group of 20 major economies and Paris Club traditional creditor nations, is…