World Bank, IMF urge debt relief for poorest countries – Gulf Today

World Bank, IMF urge debt relief for poorest countries – Gulf Today

World Bank, IMF urge debt relief for poorest countries. The World Bank and the International Monetary Fund on Wednesday urged official bilateral creditors to provide immediate debt relief to the world's poorest countries as they grapple with severe consequences of the rapidly spreading coronavirus.. G20 leaders are due to hold a virtual summit on Thursday to discuss an action plan to deal with the worsening pandemic.. In the United States, Senate leaders and the White House early Wednesday struck agreement on a $2 trillion stimulus package for the world's largest economy..