Global Creditors to Discuss Restructuring Defaulted Countries' Domestic Debt at Upcoming Meeting
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Global creditors to discuss including domestic debt in restructuring plans for defaulting countries at Sept. 15 meeting.
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Meeting to be attended by IMF, World Bank, G20 representatives.
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Aims to make progress after months of delays on template for restructuring defaulted debt.
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Governments reluctant to restructure domestic debt due to concerns over financial sector stability.
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Meeting also to discuss risks of domestic debt restructuring and cut-off dates for new loans.