Page 48 - Common Framework News Today

WASHINGTON : World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor domestic borrowing into assessment of a country's debt sustainability.Gill told Reuters the Common Framework set up by the Group of 20 ma

World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor domestic borrowing into assessment of a country's debt sustainability.

Zambia will send its first fully-formed debt restructuring plan to China and other government creditors "very soon" the government's legal advisors said, as it looks to capitalise on fresh momentum seen in high-level talks in recent days.

LONDON (Reuters) -Zambia will send its first fully-formed debt restructuring plan to China and other government creditors "very soon" the government's legal advisors said, as it looks to capitalise on fresh momentum seen in high-level talks in recent days. | 10:37am

<p><span>Good morning, everyone. Dean Steinberg, thank you for your kind introduction. And thank you for your service to our country. I’m grateful for your contributions – not only during your time in government but here at SAIS.</span></p>

Last week, leaders from around the world gathered in Washington, DC to discuss the global economic situation, a looming debt crisis, and the future of the international financial institutions. Here are some of CGD experts' takeaways on the highs and lows.

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.