G20’s Debt Toolkit Faces Fresh Test in Senegal

The G-20 Common Framework, a global toolkit to help poorer nations avoid chaotic defaults, faces a fresh test in Senegal. Amid mounting debt strains, the nation plans to use an improved version of the framework to secure a fair distribution of relief across creditors, in what will be seen as a key test of its effectiveness, Bloomberg reports from the IMF & World Bank meeting in Bangkok.