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IMF urged to craft plan for debt crisis solutions
Washington reports IMF and World Bank meetings move toward a bankruptcy style process to let countries with unmanageable debt declare relief terms. The plan, backed by Gordon Brown and Horst Koehler, aims to renegotiate creditor terms, with directors to weigh details for April approval.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
Asia
South America
Britain
Gordon Brown
IMF
Horst Koehler
World Bank
Latin America
Iraq
Treasury Secreary
Paul O'Neill
Japan
Koehler
O'Neill
Jess
Argentina
Brazil