Sixth Annual Sovereign Debt Restructuring Conference

In the post-COVID environment, the number of debt-distressed countries has increased and several are in default (Chad, Sri Lanka, Suriname and Zambia). Despite developing policy initiatives to address Low-Income Countries (LICs) defaults and help with efficient debt restructuring processes, resolving these countries’ debt episodes have been slow and ad hoc so far. Until now, defaults occurred under a relatively low global interest rate environment and benign U.S. dollar levels. Rising interest rates and the strengthening of the U.S. dollar may create conditions that accelerate sovereign debt restructurings, particularly of LICs.

This conference, now in its sixth year, intends to shed light on issues of preparedness of sovereign debt stakeholders of countries as the economic climate is changing, and it will debate options based on views of prominent policy makers, private creditors and members of multilateral organizations.