Malpass said the proposal would be discussed next week by finance officials of both the Group of Seven (G7) and Group of 20 (G20) economies, and he expected a “broad endorsement” by the 25-member joint Development Committee of the World Bank and IMF when it meets on Friday.
“The world’s poor are looking to the international community to show decisive leadership on debt relief, and I am confident of progress,” he said in a posting on LinkedIn (NYSE:LNKD).
Source: Economy - investing.com