G20 draft welcomes moves on Zambia, Ghana debt restructurings
Finance leaders from the Group of 20 (G20) major economies welcomed “advanced work” toward the finalization of a memorandum of understanding for Zambia’s debt treatment and “ongoing progress” in the case of Ghana.
In a draft communique seen by Reuters, G20 leaders also called for a “swift conclusion” of debt talks underway for Ethiopia and Sri Lanka.
They encouraged efforts of Global Sovereign Debt Roundtable participants to strengthen communication and foster a common understanding among key stakeholders, both within and outside the G20 Common Framework to facilitate debt relief plans.
Source: reuters
Via: norvanreports
