'We need to stay engaged with developing countries': World Bank's van Trotsenburg

Despite criticism of the G20 common framework on debt restructuring, van Trotsenburg says it's the best way to bring creditors to the table. "This is a difficult process, but it is the necessary process to bring all groups together. There is, I think, no alternative but to continue working with all the creditor groups, try to understand what their issues are, but also make the case for poor countries. The World Bank, at the end of the day [wants these countries to] reset their debt situation so they can refocus on poverty measures, provide more funding for education and health," he said.

Van Trotsenburg added: "What the last couple of years have shown is that global crises are impacting poverty and the development process (...) This needs to be better integrated, and I think what is going to be extremely important from our operational point of view is that climate change is DNA-ed into all our operations".

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