Developing countries' debt troubles in focus at G20 talks, says Germany's Lindner

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Developing countries' debt troubles in focus at G20 talks, says Germany's Lindner
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BERLIN: The outlook for the global economy and the situation of highly indebted countries will be the main topics of discussion at the Group of 20 (G20) meetings taking place this week in India, German Finance Minister Christian Lindner said on Monday (Feb 20). 'China in particular plays an important role

BERLIN: The outlook for the global economy and the situation of highly indebted countries will be the main topics of discussion at the Group of 20 meetings taking place this week in India, German Finance Minister Christian Lindner said on Monday .

G20 finance ministers and central bank chiefs will meet from Feb 22 to Feb 25 to discuss growing debt troubles among developing countries triggered by the pandemic and the war in Ukraine. India has drafted a proposal for G20 countries to help debtor nations by asking big lenders including China to take a large haircut on loans.

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