The Paris Club of creditor nations has called for urgent reforms to the G20’s Common Framework, a key initiative for sovereign debt restructuring in low-income countries. In its 2025 annual report, released at a meeting in Paris, the group emphasised the need for the framework to become faster and more efficient. The Common Framework is a platform launched by the G20 to speed up sovereign debt restructurings for low-income countries, while the Paris Club is a group of official creditors that coordinates financial solutions for debtor countries. [...]