The World Bank Group-IMF Spring Meetings are set to be held this week according to the president, insisting that"resolving the impasse in debt restructurings, especially for the world’s poorest countries, is going to be at the center of discussions."The World Bank says it would look for solutions to the mounting debt challenges facing developing countries.
The World Bank president indicated that he would discuss the issue with IMF Managing Director Kristalina Georgieva and the finance ministers of India, Ethiopia, and Jamaica. “I’m looking forward to discussions of the debt crisis itself and approaches to achieving debt transparency and sustainability,” Malpass wrote.
According to the World Bank president, creditors are spending “vital months” discussing issues that should be agreed on beforehand, such as steps in the restructuring process, the process and timeline to reconcile debts, and how to handle cut-off dates.
Source: Loan Digest (loandigest.net)
Nigeria's a sovereign&independent country,&shud never be considered in d equation of debt relief. World Bank shud not interfere in Nigeria's independent financial affairs,for as a sovereign nation,Nigeria can manage independently its sovereignty in finance in d comity of nations.
NIGERIA BECAME ADMIN IN THIS GROUP
joinkuda kudahelp_ng whats happening, I trnasfered 4,000 from my Kuda App to My Gtbank and 3,670 to my Wema Bank Acct. Uptil now it has never dropped, 55mins ago now. Wetin Be all these now?
Please World Bank shouldn't answer Nigeria,let this APC led administration vamoose yet.
Nigeria is not a poor country though They are very rich, excluded
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