Private sector makes step on rocky road to EM debt relief
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Emerging Markets

Private sector makes step on rocky road to EM debt relief

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Private sector involvement in suspending debt servicing for the world's poorest countries to alleviate the impact of the coronavirus pandemic progressed this week, with the Institute of International Finance (IIF) publishing guidelines for such an initiative. But countries face a long and tortuous path to reach tangible relief, write Ross Lancaster and Oliver West.

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