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World Bank urges debt restructuring for poor countries
The step is necessary to resume investments, the organization says The World Bank will look for solutions to the mounting challenges facing developing countries, the organization’s president, David Malpass, has vowed ahead of its spring session.  “Resolving the impasse in debt restructurings, especially for the world’s poorest countries, is going to be at the center of discussions,” Malpass wrote on Sunday in a blog. The World Bank Group-IMF Spring Meetings are set to be held this week. He indicated that he will discuss the issue with IMF Managing Director Kristalina Georgieva and the finance ministers of India, E

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