INSUBCONTINENT EXCLUSIVE:
debt restructurings for heavily indebted countries during a series of meetings in coming weeks.IMF spokesperson Julie Kozack confirmed that
technical talks would be held on Friday, with a workshop on comparability of treatment to be held on June 15, convened by India, current
president of the Group of 20 major economies, France, which chairs the Paris Club of official creditors, the IMF, the International
Institute of Finance, and possibly China.That would be followed on June 30 by a meeting of deputies from roundtable participants, with the
expectation that such meetings would become regular, taking place every couple of months, Kozack told a regular IMF briefing.The next
meeting of principals would take place at the annual meetings of the IMF and World Bank in Morocco in October, she said.She cautioned that
They may take time, but we do expect to see continued tangible progress to with the view of having a meaningful impact on accelerating the
debt treatment, and private sector creditors.
