G20 agrees that debt restructuring must be speedily dispensed with: FM ...Middle East

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G20 agrees that debt restructuring must be speedily dispensed with: FM
source : Business Standard ( Middle East ) () 34
Debt restructuring and resolution are urgent issues for many low and middle income nations, and the G20 agrees that these matters must be speedily dispensed with, Union Finance Minister Nirmala Sitharaman has said. She told a press conference here on Thursday that discussions of G20 countries and multiple stakeholders on these issues on the sidelines of the annual spring meeting of the IMF and the World Bank were to ensure that resolution for countries in debt should happen in time. Representatives of some of the countries facing debt such as Sri Lanka, Zambia, Ghana and Ethiopia were present for the discussions. The finance minister said the Global Sovereign Debt Roundtable, held on Wednesd

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