Italy, this years president of the Group of 20 rich and emerging nations, will push its members to extend debt relief to poor countries struggling to deal with the coronavirus pandemic, a top official from Romes G20 financial team told Reuters.
Italy was also confident the Biden presidency would herald a more cooperative stance from the United States on international financial cooperation, particularly in areas such as climate change and helping the poorest states.
We must grant fiscal space to the low income countries in greatest difficulty, said Gelsomina Vigliotti, Italys Treasury director general for International Financial Relations, setting out the countrys priorities for its presidency in an interview.
Vigliotti said Italy, which…
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