IMF staffers warn of looming sovereign debt crises
Governments and markets should agree to extend bond maturities, IMF says
Governments and markets face a series of sovereign debt crises unless they agree to extend bond maturities, three International Monetary Fund staffers say.
The IMF has also started stressing qualitative over quantitative methods to assess its programmes, Robert Gregory, Huidan Lin, and Martin Mühleisen write in a blogpost.
Due to the fiscal impact of the Covid-19 pandemic, debt crises are likely over the coming months. Longer horizons could provide authorities with the time needed to better
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