The leaders of the twenty most developed and richest countries in the world (the G20, G20) approved an extension of the debt freeze for the poorest countries until mid-2021 in connection with the COVID-19 pandemic and spoke for equal access to vaccines.
This is stated in the final communiqué of the G20 summit, writes Reuters.
“The G20 unambiguously recognizes that if we leave a country behind, we will all be left behind.“- quoted by the agency of the Minister of Finance of Saudi Arabia Mohammed al-Jadaan at the closing press conference of the event.
In a joint statement, the G20 leaders urged private lenders to take part in the debt freeze initiative for the poorest countries and said they were watching the special challenges facing African and small island states.
The G20 Debt Relief Initiative, launched shortly after the outbreak of the pandemic in the spring, helped 46 of 73 eligible countries postpone $ 5.7 billion in debt service payments in 2020, freeing up funds to fight the pandemic and bolster their economies …
The leaders of the 20 largest economies in the world have also pledged to spare no effort to ensure an affordable and fair supply of drugs, tests and vaccines for COVID-19 to “all people,” in response to fears that the pandemic could exacerbate divisions between the world’s rich and poor.
The G20 countries will also work to “protect lives, provide support with a focus on the most vulnerable, and put our economies back on track to restore growth, protect and create jobs for all.”
Earlier, “FACTS” wrote about the decision taken by the House of Representatives of the US Congress on another important group of the country – the so-called “G7”: the legislative initiative is supposed to block the attempts of the White House to invite Russia to participate in the meetings of the Group of Seven (G7) and thus restore the format G8 (“Big Eight”).