Germany Won’t Be Cutting Foreign Aid due to COVID-19

Αssociated press

German Chancellor Angela Merkel addresses a press conference following a meeting with international economic and financial organisations at the Chancellery in Berlin, Germany, Wednesday May 20, 2020 on the effects of the coronavirus pandemic. (Odd Andersen/Pool via AP)

BERLIN — German Chancellor Angela Merkel says the country won’t be cutting foreign aid due to the coronavirus pandemic, and further relief for poor nations is needed.

Speaking Wednesday after a video meeting with heads of the World Bank, the International Monetary fund and three other global economic bodies, Merkel noted last month’s agreement to freeze poor countries’ debt obligations and said that “as far as the sustainability of debt is concerned further steps need to follow.”

Merkel didn’t spell out whether Germany would go so far as agreeing to debt relief.