Pressure Mounts on China to Offer Debt Relief to Poor Countries … – The New York Times

There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans. WASHINGTON China, under growing pressure from top international policymakers, appeared to indicate this week that it is ready to make concessions that would unlock a global effort to restructure hundreds of billions of…

Africa needs more help with climate change, debt and food crises – Reuters.com

WASHINGTON, April 15 (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions and wealthy nations to cope, African finance ministers said on Saturday. Developing African economies were only beginning to recover from the COVID-19 pandemic when…

IMF Chief Says China Helped Reach Debt Relief Deal For Sri L… – MENAFN.COM

(MENAFN– Colombo Gazette) International Monetary Fund chief Kristalina Georgieva says China had been helpful in reaching a debt relief deal for Sri Lanka. Georgieva also said she told China’s new top economic official, Li Qiang, that China must accelerate its work to reach debt restructuring agreements for countries like Zambia, Ghana and Ethiopia. Georgieva, who…