Debt relief plans for world's poor countries inch forward
Share:
LONDON/WASHINGTON (Reuters) - Plans for debt relief for world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.The proposal shepherded by the Institute of International Finance (IIF) said creditors would grant debt breaks on a case-by-case and voluntary basis this year after concluding a one-size-fits-all approach would have been "practically impossible."It was the..