U.S. markets open in 1 hour 41 minutes
  • S&P Futures

    3,676.50
    +12.00 (+0.33%)
     
  • Dow Futures

    30,060.00
    +128.00 (+0.43%)
     
  • Nasdaq Futures

    12,501.25
    +39.00 (+0.31%)
     
  • Russell 2000 Futures

    1,859.70
    +12.50 (+0.68%)
     
  • Crude Oil

    46.14
    +0.50 (+1.10%)
     
  • Gold

    1,845.90
    +4.80 (+0.26%)
     
  • Silver

    24.38
    +0.24 (+1.01%)
     
  • EUR/USD

    1.2167
    +0.0018 (+0.15%)
     
  • 10-Yr Bond

    0.9200
    0.0000 (0.00%)
     
  • Vix

    21.10
    -0.07 (-0.33%)
     
  • GBP/USD

    1.3473
    +0.0020 (+0.15%)
     
  • USD/JPY

    103.9900
    +0.1300 (+0.13%)
     
  • BTC-USD

    18,973.13
    -284.45 (-1.48%)
     
  • CMC Crypto 200

    372.35
    -2.06 (-0.55%)
     
  • FTSE 100

    6,542.94
    +52.67 (+0.81%)
     
  • Nikkei 225

    26,751.24
    -58.13 (-0.22%)
     

IMF calls for expansion of debt relief beyond world's poorest countries

·1 min read

WASHINGTON, Nov 22 (Reuters) - The head of the International Monetary Fund on Sunday called for prompt and effective implementation of a new G20 framework set up to help the world's poorest countries reach permanent debt relief, but said other countries needed help as well.

"It is critical to operationalize this Framework promptly and effectively," IMF Managing Director Kristalina Georgieva said in a statement after addressing the leaders of the Group of 20 major economies. "Going forward, we must also help those countries not covered by the Framework to address debt vulnerabilities so that their economies can become more resilient."

The debt treament framework endorsed by G20 leaders on Sunday applies to 73 countries that are eligible for a temporary freeze in official bilateral debt payments. (Reporting by Andrea Shalal; Editing by Kevin Liffey)