Sovereign Debt Restructuring and Reduction in Debt-to-GDP Ratio
Sovereign Debt Restructuring and Reduction in Debt-to-GDP Ratio
3 months ago
eur.nl
2021 Update of the IMF Global Debt Database
2021 Update of the IMF Global Debt Database
Dec 8, 2021
imf.org
The IMF is providing debt service relief to 29 countries, now extended for another 6 months. This means countries can use funds meant for debt servicing to respond to the pandemic and aid the recovery. The extension was made possible by contributions from the European Union and other donors to the Catastrophe Containment and Relief Trust. Read more: http://ow.ly/q4MN50Eh77V | http://ow.ly/aAne50Eh8HF | International Monetary Fund
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Debt restructuring can involve extending the maturity, reducing the interest rate or reducing the face value of the debt. In our latest economic outlook for sub-Saharan Africa, we look at the pros, cons and how-to's of debt restructuring. https://bit.ly/3QpQGFW | IMF Africa
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