Downgrade fears will deter countries from joining G20 debt relief framework World Bank – WHTC News

By Karin Strohecker LONDON (Reuters) – Fears of credit rating downgrades will deter the world’s poorest countries from taking advantage of debt relief being offered under the G20 common framework, World Bank chief economist Carmen Reinhart said. In November, the G20 group of major economies launched a framework designed to streamline a process to help…