Private investors are preparing to give their verdict on how to help ease the $140 billion debt burden carried by the world’s poorest countries.
But few analysts are expecting any major gestures.
Over a month since the G-20 club of industrialized nations joined forces to provide debt assistance to struggling nations, the Institute of International Finance will announce a potential framework for help on Thursday. The lobby group for private investors would like to allow low-income nations channel more funds to fight the coronavirus without defaulting on their obligations.
Official lenders have