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U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries with Britains

U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries with Britains Standard Chartered also joining according to sources.

U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries with Britains... | February 17, 2023

"We welcome the Global Sovereign Debt Roundtable and look forward to engaging constructively in the dialogue alongside other key stakeholders," a spokesperson for BlackRock told Reuters. Three people with knowledge of the matter said Standard Chartered would also join.

G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russias invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation

G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.

Substantive discussions with Ghana's external bondholders are due to start in the next few weeks, the country's Finance Minister Ken Ofori-Atta told parliament on Thursday. Embattled Ghana has to restructure its debt to secure a $3 billion International Monetary Fund (IMF) bailout, which Ofori-Atta said the government hoped to secure in March.

Substantive discussions with Ghanas external bondholders are due to start in the next few weeks, the countrys Finance Minister Ken Ofori-Atta told parliament on Thursday.

The Government says it is engaging two eminent creditors, China and India, to ensure that Ghana’s external debt restructuring programme is fast-tracked after a successful Domestic Debt Exchange Programme (DDEP). Briefing Members of Parliament (MPs) on the DDEP on Thursday, Mr Ken Ofori-Atta, Finance Minister, said the Government had started…

India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the worlds largest