The Star Bulletin - Daily News Updates

Kristalina Georgieva

The poorest nations are in risk due to the unattainable G-20 Debt relief initiative

The poorest nations are in risk due to the unattainable G-20 Debt relief initiative

London/Washington, October 23rd, 2008 - The inability to make significant progress in securing debt relief programs for the poorest nations of the world in the International Monetary Fund and World Bank annual meetings in Washington has made policymakers, campaigners, and investors dissatisfied. Two years ago, the Group of 20 launched the Common Framework - a mechanism that was designed to offer a quick and thorough debt overhaul to nations struggling to pay their debts following the COVID-19 crisis. It will go beyond debt repayment moratoriums. Nairobi A 23-year-old Robbery Suspect arrested with Homemade gun, car and Motorbike Ignition Keys. However,…
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