Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
WASHINGTON—Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data sharing, set clearer timetables and take other steps aimed at jumpstarting debt restructuring processes. 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 full-fledged meeting … Continue reading Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
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