VIENNA/NEW YORK/TOKYO -- Top economic officials from the Group of 20 major economies on Wednesday discussed debt relief for low-income countries struggling with their vaccination campaigns, but advanced nations failed to bridge the gap with top creditor China, which has resisted disclosing details of loans.
The virtual meeting of finance ministers and central bankers addressed ways of providing financial support, covering such topics as potentially extending a suspension of bilateral debt service payments through the end of 2021. Officials previously agreed in November on a joint framework for debt restructuring and forgiveness.
