Macro Analysis /
Sri LankaUnderstanding IMF’s working paper on the domestic debt restructuring framework
The IMF's paper gives insight into how they may think of domestic debt restructuring, though interpretations can vary
Recommends considering the maximum possible debt relief due to recapitalization costs before the benefits are outweighed
Beyond recapitalization costs, the paper also recommends considering lending, growth, and market access costs too
Chayu Damsinghe
Product Head - Macroeconomic and Thematic Research @ Frontier Research
Contributors
21 March 2023
Published byFrontier Research
