IMF chief urges G20 to move faster on debt relief

Advanced nations should  "immediately" provide relief to developing nations whose debt burdens have swelled due to the Covid-19 pandemic, IMF Managing Director Kristalina Georgieva said Wednesday.

In a message to Group of 20 finance ministers and central bankers gathering in Jakarta this week, the IMF chief renewed her call for urgent action from creditors, warning of dire consequences if they fail to do so.