WASHINGTON -- "These are important, positive steps for development, and I've been glad to see constructive responses from major creditors," World Bank Group President David Malpass said Saturday in remarks to the Group of 20 (G20) summit hosted by Saudi Arabia via video conference on Nov. 21-22.

Malpass said that he is very pleased to see the progress the G20 has made on debt transparency and debt relief.

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UNITED NATIONS -- Public international finance must be allocated to countries and sectors most in need, United Nations Secretary-General Antonio Guterres said Saturday in his video message to the International Finance Forum 2020 Annual Meeting.

"As a formidable countercyclical force, public international finance must focus on two key priorities. First, it must be allocated to countries and sectors most in need, including health, education and social protection, in the short term, and all facets of sustainable development in the long term," he said.

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NEW DELHI -- Indian Prime Minister Narendra Modi has called for a new Global Index for the post-Corona world, featuring elements including creation of a vast talent pool, ensuring technology reached all segments of the society, transparency in governance systems, and dealing with mother Earth with a spirit of trusteeship at the Group of 20 (G20) summit.

"Based on this, the G20 can lay the foundation of a new world," said Modi on Saturday.

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ISLAMABAD -- Pakistani Prime Minister Imran Khan on Sunday showed concern at the spike in COVID-19 cases across the country, urging opposition parties to avoid public rallies to stop the pandemic.

"Pakistan's second COVID-19 spike data is of concern: Increase in Covid patients on ventilators in the last 15 days," the prime minister tweeted. Enditem

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