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Defusing Debt - Creating Comprehensive Solutions
What is needed most to help countries break the cycle of debt distress? A key topic raised at the Defusing Debt event is that developing countries will need a long-term solution to debt reduction or resolution in the face of COVID-19. Greater transparency around how much governments borrow, for what reasons and from whom is critical to getting to effective solutions. On October 13, David Malpass and global experts kicked off the 2020 Annual Meetings of the World Bank and IMF with a detailed and important discussion about comprehensive solutions for rising public debt levels. […]