(Bloomberg) — Japan is seeing its long-held push come to fruition, with a debt-transparency plan among Group of 20 nations in the offing.
All G-20 finance ministers agree on the need for debt transparency, German Finance Minister Olaf Scholz told reporters on the sidelines of the meetings in Fukuoka, Japan. Lender countries, including China, should be ready to accept the rules set out by the Paris Club agreement, he said.
With the worlds No. 2 economy under fire, directly and indirectly, for how its infrastructure projects have impacted lower-income host countries, Japanese officials at the helm of the G-20 presidency stressed the need for a greater transfer of information on such project financing.
Separately, Scholz noted that a U.S.-Chi…
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