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Parliamentary questions
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20 April 2020
Question for written answer
to the Commission
Rule 138
Mónica Silvana González
 Subject: Development aid and debt deferment owing to COVID-19

The International Monetary Fund (IMF) has announced that it will not collect 25 countries’ debt to help them channel their resources into tackling COVID-19, and the EU has launched its ‘Team Europe’ initiative, financed by the EU and the Member States, for the same purpose.

This crisis will hit the countries in greatest need and those modernising their economies. In those countries, health systems are fragile, considerable inequalities exist, debt is high and there is little room for manoeuvre, taking into account their dependence on affected sectors, such as tourism and raw material exports. In view of the European commitment to promoting multilateral solutions to this crisis:

1. What measures is the EU taking in cooperation with the G20, the G7, the IMF, the World Bank and the regional development banks to ease pressure on developing and transition countries by deferring their debt?

2. What percentage of the EU’s and the Member States’ development aid will be credit?

3. How will the EU, through its financial institutions and its Member States, support providing more flexibility to third countries with regard to their loans and contractual obligations so that they can tackle the COVID-19 crisis?

Original language of question: ES
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