IMF chief Georgieva: Creditors of Common Framework countries to meet in July ...Middle East

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IMF chief Georgieva: Creditors of Common Framework countries to meet in July
source : Devdiscourse ( Middle East ) () 28
Official creditors of Zambia, Chad and Ethiopia are set to meet in July, according to International Monetary Fund (IMF) chief Kristalina Georgieva, in a bid to promote efforts to overhaul their debt burdens. The three African nations have all signed up for debt treatment under the G20 Common Framework - an initiative launched in 2020 and designed to streamline debt restructuring efforts in the wake of poorer countries buckling under the fallout from the COVID-19 pandemic.

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