{"id":4211,"date":"2022-07-09T19:42:37","date_gmt":"2022-07-09T19:42:37","guid":{"rendered":"https:\/\/link2007.org\/?p=4211"},"modified":"2023-06-27T12:39:04","modified_gmt":"2023-06-27T12:39:04","slug":"restructuring-the-debt-of-fragile-and-low-income-countries","status":"publish","type":"post","link":"https:\/\/link2007.org\/en\/2022\/07\/09\/restructuring-the-debt-of-fragile-and-low-income-countries\/","title":{"rendered":"RESTRUCTURING THE DEBT OF FRAGILE AND LOW-INCOME COUNTRIES"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-center fusion-title-text fusion-title-size-three\" style=\"--awb-font-size:30px;\"><h3 class=\"fusion-title-heading title-heading-center fusion-responsive-typography-calculated\" style=\"margin:0;font-size:1em;--fontSize:30;line-height:1.5;\"><p class=\"headline-lato\"><span class=\"VIpgJd-yAWNEb-VIpgJd-fmcmS-sn54Q\">Restructuring the debt of fragile and low-income countries<\/span><\/p><\/h3><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;flex-grow:2;margin-bottom:40px;width:100%;\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"text-align:center;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-dropshadow imageframe-1 hover-type-none\" style=\"-webkit-box-shadow: 0px 0px 4px var(--awb-color5);box-shadow: 0px 0px 4px var(--awb-color5);\"><img decoding=\"async\" width=\"847\" height=\"450\" title=\"custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847&#215;450\" src=\"https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1.jpg\" data-orig-src=\"https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1.jpg\" alt class=\"lazyload img-responsive wp-image-3687\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27847%27%20height%3D%27450%27%20viewBox%3D%270%200%20847%20450%27%3E%3Crect%20width%3D%27847%27%20height%3D%27450%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1-200x106.jpg 200w, https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1-400x213.jpg 400w, https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1-600x319.jpg 600w, https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1-800x425.jpg 800w, https:\/\/link2007.org\/wp-content\/uploads\/2022\/07\/custom_resized_a46cfb94-aaf2-441d-9c44-d182c7092a60-847x450-1.jpg 847w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 1024px) 100vw, (max-width: 640px) 100vw, 600px\" \/><\/span><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;flex-grow:2;margin-bottom:40px;width:100%;\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-text-color:var(--awb-color7);\"><p>09\/07\/2022<\/p>\n<p>At the panel \u201cFinance for development. Resources and tools beyond public development aid\u201d was attended by Daniele Franco, Minister of Economy and Finance, Federico Bonaglia, Deputy Director of the OECD Development Centre, Dario Scannapieco, Chief Executive Officer of Cassa Depositi e Prestiti, Francesco Profumo, President of the Association of Foundations and Savings Banks ACRI, Sister Alessandra Smerilli, Secretary of the Dicastery for Promoting Integral Human Development of the Holy See and Valeria Emmi.<\/p>\n<p>In an unprecedented world, with a paradigm of economic and financial rules that fuel disparities and injustices, with a crisis that is further impoverishing already fragile countries, an urgent, robust and bold initiative for debt restructuring and reconversion is needed. Emmi relaunches the Release G20 initiative, proposed by the LINK 2007 network on the occasion of the 2021 Italian presidency of the G20. This is an intervention on the debt which is indispensable in order to be able to promote prosperity, fair and inclusive growth and sustainable development also in indebted countries.<\/p>\n<p>The intervention was published by <a href=\"http:\/\/www.vita.it\/it\/article\/2022\/07\/07\/ristrutturare-il-debito-dei-paesi-a-basso-reddito-per-una-prosperita-e\/163474\/\">VITA NON PROFIT<span class=\"Apple-converted-space\">\u00a0<\/span><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-sharing-box fusion-sharing-box-1 has-taglines layout-floated layout-medium-floated layout-small-stacked\" style=\"background-color:hsla(var(--awb-color7-h),var(--awb-color7-s),calc( var(--awb-color7-l) + 76% ),var(--awb-color7-a));border-color:#cccccc;--awb-margin-top:10px;--awb-separator-border-color:#cccccc;--awb-separator-border-sizes:0px;--awb-layout:row;--awb-alignment-small:space-between;--awb-stacked-align-small:center;\" data-title=\"RESTRUCTURING THE DEBT OF FRAGILE AND LOW-INCOME COUNTRIES\" data-description=\"Restructuring the debt of fragile and low-income countries    \r\n\r\n09\/07\/2022\r\n\r\nAt the panel \u201cFinance for development. Resources and tools beyond public development aid\u201d was attended by Daniele Franco, Minister of Economy and Finance, Federico Bonaglia, Deputy Director of the OECD Development Centre, Dario Scannapieco, Chief Executive Officer of Cassa\" data-link=\"https:\/\/link2007.org\/en\/2022\/07\/09\/restructuring-the-debt-of-fragile-and-low-income-countries\/\"><h3 class=\"tagline\" style=\"color:var(--awb-color7);font-size:18px;\">Share this post<\/h3><div class=\"fusion-social-networks sharingbox-shortcode-icon-wrapper sharingbox-shortcode-icon-wrapper-1\"><span><a href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Flink2007.org%2Fen%2F2022%2F07%2F09%2Frestructuring-the-debt-of-fragile-and-low-income-countries%2F&amp;t=RESTRUCTURING%20THE%20DEBT%20OF%20FRAGILE%20AND%20LOW-INCOME%20COUNTRIES\" target=\"_blank\" rel=\"noreferrer\" title=\"Facebook\" aria-label=\"Facebook\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"Facebook\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-facebook awb-icon-facebook\" style=\"color:var(--awb-color6);\" aria-hidden=\"true\"><\/i><\/a><\/span><span><a href=\"https:\/\/x.com\/intent\/post?text=RESTRUCTURING%20THE%20DEBT%20OF%20FRAGILE%20AND%20LOW-INCOME%20COUNTRIES&amp;url=https%3A%2F%2Flink2007.org%2Fen%2F2022%2F07%2F09%2Frestructuring-the-debt-of-fragile-and-low-income-countries%2F\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"X\" aria-label=\"X\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"X\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-twitter awb-icon-twitter\" style=\"color:var(--awb-color6);\" aria-hidden=\"true\"><\/i><\/a><\/span><span><a href=\"https:\/\/api.whatsapp.com\/send?text=https%3A%2F%2Flink2007.org%2Fen%2F2022%2F07%2F09%2Frestructuring-the-debt-of-fragile-and-low-income-countries%2F\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"WhatsApp\" aria-label=\"WhatsApp\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"WhatsApp\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-whatsapp awb-icon-whatsapp\" style=\"color:var(--awb-color6);\" aria-hidden=\"true\"><\/i><\/a><\/span><span><a href=\"mailto:?subject=RESTRUCTURING%20THE%20DEBT%20OF%20FRAGILE%20AND%20LOW-INCOME%20COUNTRIES&amp;body=https%3A%2F%2Flink2007.org%2Fen%2F2022%2F07%2F09%2Frestructuring-the-debt-of-fragile-and-low-income-countries%2F\" target=\"_self\" title=\"Email\" aria-label=\"Email\" data-placement=\"top\" data-toggle=\"tooltip\" data-title=\"Email\"><i class=\"fusion-social-network-icon fusion-tooltip fusion-mail awb-icon-mail\" style=\"color:var(--awb-color6);\" aria-hidden=\"true\"><\/i><\/a><\/span><\/div><\/div><div class=\"fusion-widget fusion-widget-element fusion-widget-area fusion-content-widget-area wpWidget-1 wp_widget_recent_posts\" style=\"--awb-fusion-border-size:0px;--awb-fusion-bg-color:var(--awb-color1);--awb-fusion-border-style:solid;\">\n\t\t<div class=\"widget widget_recent_entries\">\n\t\t<div class=\"heading\"><h4 class=\"widget-title\">Recent Posts<\/h4><\/div>\n\t\t<ul>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/link2007.org\/en\/2026\/08\/03\/treating-migration-as-a-perpetual-emergency-does-not-work\/\">Treating migration as a perpetual \u201cemergency\u201d does not work<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/link2007.org\/en\/2026\/07\/20\/eu-bans-imports-of-gold-from-sudan\/\">EU bans imports of gold from Sudan<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/link2007.org\/en\/2026\/06\/10\/the-new-eu-humanitarian-strategy-are-efficiency-and-coordination-enough\/\">The new EU Humanitarian Strategy: are Efficiency and Coordination enough?<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/link2007.org\/en\/2026\/05\/29\/coopera-2026-is-italys-development-cooperation-a-system-or-a-still-fragmented-set-of-actors\/\">COOPERA 2026: Is Italy\u2019s development cooperation a system or a still fragmented set of actors?<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/link2007.org\/en\/2026\/05\/20\/codeway-expo-2026-the-private-sector-as-a-partner-for-sustainable-development\/\">CODEWAY EXPO 2026: The Private Sector as a Partner for Sustainable Development<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<\/ul>\n\n\t\t<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":3687,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,34],"tags":[],"class_list":["post-4211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-contents","category-debt-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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