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The Need for Governance-Linked State-Contingent IMF Programmes: A Third Way for Sri Lanka

Sri Lankaโ€™s sovereign default a year ago led to severe economic repercussions for the developing country, bringing the IMFโ€™s role in helping the struggling economy into focus. Although solutions have been proposed, a third way that factors in the institutional and economic realities of nations such as Sri Lanka may be the best approach.
Sri Lanka Sri Lankan Dimitriosp Tsomocos M Udara Peiris Charles Goodhart Carmenm Reinhart

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Dangerous Global Debt Burden Requires Decisive Cooperation | Hellenic Shipping News Worldwide

We live in dangerous times. The world faces renewed uncertainty, as war comes on top of an ever-changing and persistent pandemic, now in its third year. Moreover, problems that predated COVID-19 have not gone away. When policymakers return to Washington in the coming days for the Spring Meetings of the IMF and World Bank, one ...
United States World Bank District Of Columbia Sustainable Development Goals Debt Service Suspension Initiative Spring Meetings

Global Debt Reaching 'Dangerous' Levels: IMF

Global debt is at such high levels that a worldwide cooperative approach is needed to tackle the danger, according to Vitor Gaspar, director of the International Monetary Fund's (IMF) fiscal affairs department, and Ceyla Pazarbasioglu, the organizationโ€™s strategy chief.
Switzerland General Naveen Athrappully Kristalina Georgieva Vitor Gaspar Ceyla Pazarbasioglu International Monetary Fund

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