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G-20 agrees on framework for more debt relief amid COVID-19

by Isabel Debre
| November 14, 2020 12:03 AM

DUBAI, United Arab Emirates (AP) — The Group of 20 nations, representing the world’s biggest economies, announced Friday that low-income countries hardest hit by the fallout of the coronavirus pandemic could potentially get an extension on their debt payments beyond mid-2021, and in the most severe cases, a debt write-off.

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