07/13/2020 | Press release | Distributed by Public on 07/13/2020 07:48
WASHINGTON - Today, U.S. Treasury Secretary Steven T. Mnuchin hosted a discussion with his counterparts from Canada, France, Germany, Italy, Japan, the United Kingdom, the European Commission, the Eurogroup, the IMF, and the World Bank. The G7 Finance Ministries remain in regular contact and continue to coordinate on timely and effective actions in response to the COVID-19 pandemic. The Finance Ministers discussed domestic and international economic responses underway and strategies to achieve a robust recovery across the global economy. They also discussed the G20 Debt Service Suspension Initiative, calling for full implementation by all official bilateral creditors and adherence to debt data transparency standards.