WASHINGTON – US Commerce Secretary Wilbur Ross was hospitalized on Saturday for a non-coronavirus-related illness, US media reported.
“Secretary Ross has been hospitalized for a small problem not related to the virus. He is fine and we anticipate his release soon,” Fox News quoted a department spokesman as saying. (US-Commerce Secretary-Hospital Hospital)
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WASHINGTON – Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Saturday called on the Group of Twenty (G20) countries to prepare and support “transformative change,” noting that further policy action would be needed to secure a resilient recovery.
“Policies need to be prepared and support transformational change, because some sectors can shrink permanently, while others – such as digital services – will flourish,” Georgieva made a statement at a virtual meeting of G20 Finance Ministers and Central Bank Governors, chaired by Saudi Arabia. (Statement of Chair-IMF-G20)
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WASHINGTON – World Bank Group President David Malpass on Saturday urged the Group of 20 countries (G20) to extend the time frame of the Debt Service Suspension Initiative until the end of 2021, calling it one of the key factors in strengthening global recovery.
“I urge you to extend the time frame from the Debt Service Suspension Initiative (DSSI) to the end of 2021 and commit to giving the broadest possible initiative,” Malpass made a statement at the G20 Meeting of Ministers of Finance and the Governor of the Central Bank. , according to a statement. (Statement by the Head of the World Bank-G20)
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ISLAMABAD – Pakistani Prime Minister Imran Khan on Saturday night laid the first stone of the Quaid-e-Azam Business Park as a government plan to increase industrialization and create jobs, a statement said.
According to a statement from the east Punjab provincial government of the country, the prime minister broke land in a business park as a smart special economic zone during a ceremony held in Lahore, the capital of Punjab province. (Pakistan-Business Park-Industrialalization)
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