Chad strikes a debt deal under the G20 Common Framework

Reuters exclusively reported that Chad became the first country to agree to a deal with its creditors, including Swiss commodity house Glencore, under the G20 Common Framework — designed to provide debt relief to developing nations. Reuters was also first to report confirmation of the agreement and exclusively sketched out rare criticism from World Bank President David Malpass. Progress on the G20 debt relief initiative, launched in 2020, has been glacial even as countries struggle with pressures from inflation on food and commodities