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G7 Finance Ministers, Central Bank Governors Issue Communiqué

G7 Finance Ministers, Central Bank Governors Issue Communiqué
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credit rating: Can a collaborative approach break the credit rating impasse?

The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructuring options. It underscores the need to find ways to better integrate CRAs into the debt relief process paving the way for sustainable solutions for LMICs.

Africa s $824 billion debt burden and opaque resource-backed loans

Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth, African Development Bank President Akinwumi Adesina said. "I think it's time for us to have debt transparency accountability and make sure that this whole thing of these opaque natural resource-backed loans actually ends, because it

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