Page 55 - Common Framework News Today

The World Bank will push to resolve the mounting debt problems of poor countries and along with the International Monetary Fund will present concrete proposals to address some of the biggest restructuring roadblocks at this week’s Spring Meetings.

The Global South is staring at a debt crisis, but the “Common Framework” created to provide debt relief has serious shortcomings

The G20’s Common Framework was supposed to make resolving sovereign defaults more doable — but so far, it’s been a dud.

U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts, and moves to conclude a debt treatment for Sri Lanka, Treasury said on Monday.

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Zambia and Ghana for restructuring of their sovereign debts, and moves to conclude a debt treatment for Sri Lanka, Treasury said on Monday. | 02:03pm

Over half of low-income countries are at high risk of debt distress or already in it

World Bank president David Malpass plans to introduce debt restructuring for the poorest nations.

New study focusing on Kenya, Zambia and Angola shows how China’s debt relief efforts differed but that overall the country fulfilled its role

International Monetary Fund chief Kristalina Georgieva says China had been helpful in reaching a debt relief deal for Sri Lanka. Georgieva also said she told China's new top economic official, Li Qiang, that China must accelerate its work to reach debt restructuring agreements for countries like

Johannesburg, South Africa - A new report by researchers from Johns Hopkins University is giving China better than expected marks for its performance in