Scott Bessent: “We set the stage for important further work to make…”

“Fourth, we continued our work on sovereign debt. Debt distress can prevent companies from investing in their people and their futures. We set the stage for important further work to make sovereign debt restructuring in emerging markets faster, more transparent and more predictable. And finally, we turn from financial strength of our economies to the financial literacy of Our citizens across the G20 families are navigating increasingly complex financial choices while confronting extremely sophisticated forms of fraud.” (03:35–03:46)

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