World Bank Chief Economist Says Poor Nations Need Debt Forgiveness

Apr.05 — World Bank Chief Economist Carmen Reinhart discusses the outlook for the global economy and policy amid the coronavirus pandemic. The bank’s President David Malpass said Monday the Group of 20 gathering of finance ministers from the world’s largest economies this week is likely to extend debt-service suspension initiative for poorer nations until the end of the year. Reinhart speaks with Kathleen Hays on “Bloomberg Daybreak: Australia.”