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Italy says G20 to discuss extension of debt relief for poor countries

Reuters
·1-min read

ROME (Reuters) - Italy aims to use its presidency of the Group of 20 major global economies to try to ensure further debt relief for poor countries, the Treasury said in a statement on Monday.

Finance and Central Bank deputies are set to hold a virtual meeting on Jan. 25-26.

Italy took over the annual rotating presidency of the G20 on Dec. 1 and will look to build on a deal struck by major international creditors in April that was aimed at relieving the world's poorest nations of debt payments.

(Reporting by Giuseppe Fonte; editing by Agnieszka Flak)