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In New York, a cohort of debt-relief activists and US state politicians are pushing for a more-permanent solution: a law that would overhaul the process of restructuring sovereign debt.
During the World Bank Group and IMF spring meetings, The Global Sovereign Debt Roundtable met and discussed debt sustainability and debt restructuring challenges and ways to address them.
Private foreign lenders might have to agree with less profitable terms compared to bilateral creditors if the country's debt restructuring request is met, Finance Minister Ken Ofori-Atta says.