.WorldBank: We’ll assess Nigeria’s sustainability plan before granting debt restructuring | TheCable IMFMeetings
October 13, 2022 9:19 PMIt, however, said the country is yet to request debt restructuring under the G20 common framework.
“On debt restructuring, the World Bank works very closely with the International Monetary Fund on debt situation, Nigeria has not asked for the common framework under the G20 process,” he said. “That would help the countries choose their path forward on debt restructuring that would mean they would get a break on debt payments while they’re looking at a restructuring agreement with the World Bank, but Nigeria hasn’t gone that route.”
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