WASHINGTON (Reuters) – The International Monetary Fund on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities to restructure the countries’ debts, saying this could unlock IMF financing programs and disbursements for them.
IMF spokesman Gerry Rice told a news briefing that the Fund has made progress in its discussions with Chad, the first country to seek help under the G20’s common framework, but that it needed a debt agreement among creditors including Glencore to unlock IMF funds.
(Reporting by David Lawder; editing by John Stonestreet)
