Economy News
G20 Meet: FM Nirmala Sitharaman calls for collective efforts to tackle damaging impact of Covid-19 pandemic

Finance minister Nirmala Sitharaman on Friday highlighted the need for continued collective and coordinated efforts by G20 members to counter the damaging impact of the Covid-19 pandemic. Attending a virtual meeting of finance ministers of the G20 nations to discuss global economic outlook and the group’s responses to the Covid-19 crisis, Sitharaman stressed affordability and accessibility of vaccines for all as a crucial step in this direction. The minister also highlighted the Debt Service Suspension Initiative (DSSI) as an important step. The DSSI provides time-bound suspension of debt service payments for the low-income debtor countries that seek forbearance.

News Source:- https://www.financialexpress.com/economy/g20-meet-fm-nirmala-sitharaman-calls-for-collective-efforts-to-tackle-damaging-impact-of-covid-19-pandemic/2133150/