Adva Saldinger is an Associate Editor at Devex, where she covers the intersection of business and international development, as well as U.S. foreign aid policy. From partnerships to trade and social entrepreneurship to impact investing, Adva explores the role the private sector and private capital play in development. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
The G-20 announced an extension of its debt suspension initiative Wednesday but pushed decisions on debt reductions or restructuring plans to next month, disappointing countries, advocates, and the World Bank president.
Last week's high-level event on financing for development in the COVID-19 era laid out a series of proposals, but it's largely up to the G-20, International Monetary Fund, and World Bank to make decisions in the months ahead. Here's a look at what they could do.