5min chapter

Moody's Talks - Emerging Markets Decoded cover image

Moody’s Global Emerging Markets Summit 2023: High hopes, higher risks?

Moody's Talks - Emerging Markets Decoded

CHAPTER

The G20's Common Framework for Debt Restructuring

The G20's common framework is designed to bring together different groups of creditors. Lee: The terms of that debt relief program will be customized to each country. He says the Brady plan succeeded because it stretched out a legacy debt stock for 30 years. If you wished to have a more durable solution, that is potentially a template, he says.

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