World Bank to Advocate Changes to Speed Debt Restructuring
- World Bank president urges more transparency, debt standstills
- Malpass looking for good outcome in Zambia creditors meeting
The World Bank Group headquarters in Washington, DC.
Photographer: Samuel Corum/BloombergThis article is for subscribers only.
The World Bank will push to resolve the mounting debt problems of poor countries and, along with the International Monetary Fund, will present concrete proposals to address some of the biggest restructuring roadblocks at this week’s Spring Meetings.
It will introduce the ideas at the Global Sovereign Debt Roundtable, a meeting led by the Bretton Woods institutions and Group of 20 chair India in Washington, President David Malpass said in a blog post on Sunday.