Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries from May 1 until the end of the year, as a group of private creditors also backed offering debt relief.
Saudi Arabia is hosting the G20 meetings this year.
The debt standstill affects the world's poorest and least-developed countries, as defined by the World Bank and the
United Nations, as long as they are current in their debt service payments to the World Bank and International Monetary Fund.