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The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has pushed for a fast-track debt restructuring for vulnerable Group of Twenty (G20) members, including Ghana, Ethiopia, and Malawi.
The Fund at a Global Sovereign Debt Roundtable in the ongoing spring meetings in Morocco said the exclusion of short-term debt is a common practice under Paris Club treatments and an explicit feature of the Common Framework.
Saudi Arabia strongly condemns prolonged Israeli occupation, advocates justice
The G20 has crafted an action-oriented roadmap on crypto assets, aimed at coordinating global policy and creating mitigating strategies and regulations for these emerging funds.
The huge growth in China’s lending to developing country governments, especially those with debt problems, makes it an indispensable player when they can no longer pay their debts. Reconciling the interests and wishes of Western and Asian creditors will need compromise and patience — but is the only way to achieve debt relief