Global bodies like the IMF need to step up and improve the framework for sovereign debt financing so that emerging market economies, like Sri Lanka, can get out of their debt distress problems faster.
(RTTNews) - BayWa AG announced that the restructuring plan submitted by the company in the proceedings under the Act on the Stabilization and Restructuring Framework for Businesses or StaRUG, received ...
LONDON/ACCRA (Reuters) - Ghana requested on Tuesday to restructure its bilateral debt under the common framework platform supported by the Group of 20 major economies, a source familiar with the ...
The two-day Third Regional Judicial and Financial Colloquium on Insolvency and Restructuring in the Middle East and North Africa was held in the emirate, which was organised by the Hawkamah Institute ...
A well-functioning corporate insolvency law that allows economically viable companies to restructure is critical for financial markets, especially in times like the COVID-19 period, which has resulted ...
This Oct. 1 story was updated on Oct. 2 to add more details from Chinese state media in paragraph 9 BERLIN, Oct 1 (Reuters) - Germany has welcomed a show of support from China for the G20 debt ...
Ghana’s parliament has approved a $2.8bn debt restructuring framework with 25 creditor countries, including China and France. This move is designed to reduce the debt-to-GDP ratio to 55% and cut ...
Legal and financial experts have called for an efficient legal and regulatory framework for business restructuring and insolvency. They said there was a need for a special court to ease the resolution ...
Accra, Oct. 8, GNA – Dr Justice Srem-Sai, Deputy Attorney-General has urged business stakeholders to ensure the success of Ghana’s corporate insolvency and restructuring framework to enhance financial ...
WASHINGTON, Feb 10 (Reuters) - The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can advance proposals to strengthen a debt restructuring framework for ...