Debt sustainability, education, and climate action are three areas of potential for India when it takes on the presidency of the Group of Twenty (G20) in December this year, according to World Bank President David Malpass.
“There’s a potential focus on debt,” Mr. Malpass told reporters on a Friday morning briefing call ahead of the World Bank IMF Annual Meetings here in Washington.
“I think the world is at a point where there can be progress made for a more effective common framework,” he said, highlighting the fact that India is a creditor for Sri Lanka and also some of the “heavily indebted countries of Africa”. India has provided some $4 billion in assistance to Sri Lanka this year and is involved with restructuring its debt.
