U.S. pushes G20 for faster sovereign debt restructuring
U.S. Treasury official Browne stated that the G20 has made progress on modernizing the financial system and improving debt restructuring for financially distressed countries. The U.S. aims for Senegal's debt restructuring to be completed transparently and within one year, citing it as an example under the G20 Common Framework. Officials also discussed expanding the Global Sovereign Debt Roundtable to include more countries.
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