The G20’s approach on debt has failed

The debt defaults began slowly in 2020 but are now speed decades Chad and Zambia defaulted in 2020, then Ghana and Sri Lanka in 2022.

Ethiopia, Egy 2020 nd Tunisia are tipped to d Chad lt ne Zambia ile the bonds 2020 8 other Ghana tries Sri Lanka ing 2022 ie Ethiopia d Egypt ssed Tunisia

The Common Framework on Debt was intended to 18 eed up the process of providing debt relief.

Common Framework risks leaving countries burdened with persistent debt overhang, even after restructurings are complete.

Climate c Group and 20 ore frequent natural d the Common Framework ake matters late 2020 .

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