Surveillance: Banking Tremor with El-Erian
Bloomberg Surveillance
00:00
The Chinese Debt Restructuring Process
The IMF has played its part in terms of being the negotiator between all of these actors. There are elements that the IMF needs to focus on in terms of its lending into arrears and lending assurances criteria. It's really important for countries like Sri Lanka, like Ghana, who went through balance of payments crises but need financing from the IMF immediately. We're getting a lot more clarity on what China's key issues are in these debt restructuring.
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