After the pandemic, it is key to avoid that we move from the COVID-induced economic crisis to a new financial crisis. The T20, through its Task Force on International Finance, calls G20 Economy and Finance Ministers for a renewed commitment to address this challenge by designing, and swiftly implementing, policy measures aimed to support countries at risk of debt distress, involve the private sector in debt relief, create innovative facilities to ensure debt sustainability, get ready for the digital money revolution, give climate risk analysis the due relevance considering its impacts on the financial architecture, monitor central banks activities that have extraterritorial impacts, and ensure transparency in capital flows especially when it comes to activities by State-Owned Multinational Enterprises.
Meeting the Moment: Debt Relief for Middle Income Countries ISPI, the T20 National Coordinator and Chair, and Global Development Policy Center of the Boston University are co-hosting the T20 Associated-event “Meeting the Moment: Debt Relief for Middle Income Countries”, in cooperation with the Creco Research Institute, CSEP, The Group of 24, Centre for Finance and Development, Labour 20 and LPEM FEB UI. This Public [...]
PROVIDING DEBT RELIEF AND FINANCING A SUSTAINABLE RECOVERY IN AFRICA - The OECD Development Centre and the T20 Co-Chair International Affairs Institute (Istituto Affari Internazionali, IAI) are co-promoting the DEV Talk - T20 Associated Event "Providing debt relief and financing a sustainable recovery in Africa".