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Debt restructuring framework must improve to help distressed countries, Pakistan's ex-central banker says

Por: CNBC Business January 30, 2023

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Global bodies like the IMF need to step up and improve the framework for sovereign debt financing so that emerging market economies, like Sri Lanka, can get out of their debt distress problems faster.That's according to the former governor of the State Bank of Pakistan, the country's central bank. Reza Baqir, currently the global head of sovereign advisory services at Alvarez and Marsal, pointed out that Sri Lanka is still waiting for... + full article



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