World Bank’s Banga calls for more transparency in debt restructuring process
PositiveFinancial Markets

World Bank President Ajay Banga has emphasized the need for greater transparency in the debt restructuring process, highlighting its importance for global financial stability. By advocating for clearer communication and accountability, Banga aims to ensure that countries facing financial challenges can navigate their debts more effectively. This call for transparency is crucial as it can lead to more equitable solutions and foster trust among nations, ultimately benefiting the global economy.
— Curated by the World Pulse Now AI Editorial System