World Bank To Unveil Debt Payment Pause For Countries

The World Bank today will announce a raft of measures to aid countries hit by natural disasters, including a pause in debt repayments to lender, as world leaders gather in Paris to give impetus to a new global finance agenda.
More than 40 world leaders, including Africa, China's prime minister and Brazil's president, will be attending the 2023 Paris Summit in French capital for a New ‘’Global Financial Pact".
The summit is set out to boost crisis financing for low-income countries, reform post-war financial systems and free up funds to tackle climate change by through bodies like the G20, COP, IMF-World Bank and United Nations.

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