IMF flags up sovereign debt instrument to help with post-Covid restructures

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Emerging Markets

IMF flags up sovereign debt instrument to help with post-Covid restructures

Phil Thornton
November 20, 2020 10:45 AM
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RIYADH - August 22: Aerial view of Riyadh downtown on August 22, 2016 in Riyadh, Saudi Arabia. | swisshippo - stock.adobe.com

An obscure sovereign debt instrument could play a role in ensuring that countries facing a debt crisis in the aftermath of Covid-19 can organise a swifter restructuring with creditors, according to the International Monetary Fund.

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SSASovereignsEmerging Markets
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Phil Thornton
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