Reuters Reports that Global creditors, debtor nations, and IFIs agreed to improve data-sharing, set clearer timetables, and take other steps to jumpstart debt restructuring processes. Sri Lanka expects to get a green light for large debt relief amounting to USD 3.3 Bn to 3.6Bn for the next three years.
The meeting came amid ongoing delays in finalizing debt treatment agreements for Zambia, Ghana, and Ethiopia under the G20 Common Framework