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US urges ‘decisive’ action on debt challenges in developing nations

By Inquirer - 8 months ago
WASHINGTON, United States — A senior US Treasury official urged Thursday for “decisive, coordinated actions” by creditors in tackling developing countries’ debt and development challenges —while also calling for more timely restructuring in certain cases. “We have the tools to meet the moment, but we must strengthen and use them much more effectively,” said Treasury

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