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IMF, World Bank call for suspension of debt payments by poorest nation

Mar 25, 2020 21:54 IST

The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world's poorest nations so they can battle the coronavirus pandemic. The Washington-based development lenders said in a statement, "The World Bank Group and the IMF believe it is imperative at this moment to provide a global sense of relief for developing countries as well as a strong signal to financial markets".

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