15 Oct
The Group of 20 major economies has agreed to extend a debt repayment period by six months to support developing countries struggling amid the coronavirus pandemic.
G20 finance ministers and central bank governors held an online meeting on Wednesday. They decided to push back the repayment deadline which was set for the end of the year.
They also agreed to discuss further measures of support, including debt reduction, ahead of the G20 summit late next month.
China's participation has been a stumbling block in debt relief negotiations so far. Its government-affiliated financial institutions have not disclosed details of loans and have declined to issue debt freezes.
NHK
