G20

Govt also signs $1.15b new financing agreements with World Bank

A day after the IMF warned that global GDP would contract 4.4 percent in 2020

Rich countries on Friday backed an extension of the G20's Debt Service Suspension Initiative (DSSI)

As the pandemic thwarted Riyadh’s hopes of hosting the gathering in the kingdom to boost its international standing

Ministers also discuss domestic and international economic responses to pandemic

Planning minister says it is the right thing to do under the current circumstances

Global creditors need to waive both official bilateral and commercial debt for low-income countries

Developing world needs fiscal space so they can invest in health sector in these challenging times, says the premier

May downgrade country’s long-term local and foreign credit ratings

Calling on all countries, NGOs, philanthropists and private sector to help close the financing gap