International Monetary Fund

Restructuring Sovereign Domestic Debt in Developing Countries

Amid rising domestic sovereign debt overhang in some emerging and developing economies (EMDEs), this paper underscores the importance of effective domestic sovereign debt restructuring (DDR) ...
U.S. News & World Report

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

Venezuela debt rally belies complex creditor web, political quagmire

After nearly a decade of default limbo, the U.S. removal of Venezuela's Nicolas Maduro has turned debt restructuring from a ...
International Monetary Fund

Sri Lanka’s Sovereign Debt Restructuring: Lessons from Complex Processes

Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible ...
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Inside IMF’s new Sovereign Debt Restructuring Playbook

International Monetary Fund (IMF) Deputy Director for African Department Catherine Pattillo, spoke to The EastAfrican about the launch of the guide, targeting country authorities. On the sidelines of ...
Project Syndicate

An Agenda for Tackling the Debt and Development Crises

The current system of development finance and debt restructuring is in urgent need of reform. As aid flows decline, climate change and nature loss accelerate, and global growth slows, developing ...
The Economist

Joseph Stiglitz and Martín Guzmán on how to ease developing countries’ debt woes

IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...