Georgieva, president of the International Monetary Fund (IMF), revealed that the Chinese Minister of Finance and the Governor of the Central Bank will attend a joint participation by the creditor and the debt country in FebruaryDebt round table meeting.
According to Reuters, Georkiyeva said in an interview with the Columbia Broadcasting Corporation (CBS) on Sunday (February 5) that China needs to change its policy because of the unable to repay low -income countries.
Georkeva said that the goal of the IMF is to gather all creditors, including traditional creditor countries from developed economies, new credit countries such as China, Saudi Arabia, India, and private sectorThe creditors sat at the round table with the debt country.
She said last month that the first round table will be held at the gap between the G20 group (G20) financial official meeting held in February in February.She revealed on Sunday that China would participate in the meeting at the level of the Minister of Finance and the Governor of the Central Bank.
Georkeva was born in Bulgaria and is the first person in charge of the IMF from the emerging market economy country.She believes that debt reduction and exemption is essential for heavy debt countries to avoid the impact of social services to reduce debt.
