World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana, Ethiopia and Zambia, and said there was still no agreement on his longstanding call for a standstill in debt service payments for countries seeking help.
By Andrea Shalal WASHINGTON (Reuters) - Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data-.
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WASHINGTON Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data sharing, set clearer timetables and…
Reuters – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, including through improved data sharing and clearer timetables. The World Bank, International Monetary Fund and India, current president of the Group of 20 (G20) major economies, issued a joint statement after the first.