Italy said the G20 would discuss extending debt relief for poor countries | Instant News


ROME (Reuters) – Italy aims to use its presidency of the Group of 20 major global economies to try to ensure further debt relief for poor countries, the Ministry of Finance said in a statement on Monday.

The Deputy of Finance and the Central Bank will hold a virtual meeting on January 25-26.

Italy takes over the G20’s annual rotating presidency on December 1 and will build on a deal reached by major international creditors in April aimed at easing debt repayments for the world’s poorest countries.

Reporting by Giuseppe Fonte; edited by Agnieszka Flak

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