WASHINGTON/NEW YORK (Reuters) – Governments from the group of 20 countries could adopt legislation to facilitate “more expedient and balanced” debt restructuring process, the World Bank’s chief economist Carmen Reinhart said on Friday.
Reinhart urged all G20 countries to require public creditor institutions to disclose debt contracts, freeze agreements, and make refinancing agreements public.
Reporting by Andrea Shalal and Rodrigo Campos
