BLOG

IMF reviews debt sustainability framework to address COVID-19 economic impacts   | The Guardian Nigeria News


(FILES) Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva speaks in Washington, DC. (Photo by JIM WATSON / AFP)

Following concern over sovereign debts, the International Monetary Fund (IMF), has reviewed its debt sustainability framework for Market Access Countries (MAC). 
  
The new structure will help countries identify risk in ‘sovereign stress’ and align with IMF’s lending framework, the Fund has announced yesterday.
  
According to the institution, the review was carried out on January 14. It stressed that the new framework, which comes with sweeping changes to the existing document, would be operational in the last quarter of the year/first quarter of 2022.



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.