ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »IMF warns poorest countries to default without debt relief
Bloomberg The head of the International Monetary Fund (IMF) called on private creditors to join the Group of 20 in providing debt relief for the world’s poorest nations, saying that the alternative to suspension and restructuring is defaults. A debt-service suspension would provide time for restructuring debt on a case-by-case basis in nations where debt sustainability needs to be restored, …
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