Policy Papers

Proposed Features of a Sovereign Debt Restructuring Mechanism

February 12, 2003

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Proposed Features of a Sovereign Debt Restructuring Mechanism , (USA: International Monetary Fund, 0) accessed December 3, 2024

Summary

This paper follows up on the Executive Board’s December 2002 discussion of the design of the Sovereign Debt Restructuring Mechanism and seeks to make further progress on the formulation of a concrete proposal for a statutory sovereign debt restructuring mechanism.

Subject: Sovereign Debt Restructuring Mechanism

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