Africa-Press – Seychelles. Chinese President Xi Jinping today called on international financial institutions and commercial creditors to “join in” and make “efforts” to reduce and suspend the debts of developing countries.
During his participation in the G20 summit, Xi Jinping assured that these organizations “are the main creditors of developing countries” and specifically urged the International Monetary Fund (IMF) to “accelerate” loans to the poorest countries.
“China launched the G20 Debt Service Suspension Initiative (DSSI) and, within its scope, suspended the largest amount of loans among all members,” said the Chinese leader quoted by Lusa.
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