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  The United States is leading international efforts to help low-income countries focus resources on recovering from the COVID-19 pandemic. Countries worldwide have faced increasing health care costs and falling revenues in 2020. So the United States, in partnership with the World Bank and the International Monetary Fund, led other large economies in a global initiative to allow up to 73 eligible developing countries to suspend over $5 billion in debt payments and to instead focus the resources on responding to and recovering from the COVID-19 pandemic. Under the Paris Club-G20 Debt Service Suspension Initiative (DSSI), started in May, “Governments will be able to redirect the funds to COVID-19-related health and social needs,” Warren Wilson, a financial economist in the U.S. Department of State’s Office of Monetary Affairs, said in an August issue of 

United statesFrance generalSusannah cooperWarren wilsonInternational monetary fundDepartment of state office monetary affairsWorld bankUnited nationsDebt service suspension initiativeParis club gService suspension initiativeMonetary affairsUnited stateGlobal economic activityஒன்றுபட்டது மாநிலங்களில்பிரான்ஸ் ஜநரல்