#DSSI

Mohamed Wehliye

WehliyeMohamed

The DSSI (6 months repayment holiday) is just a pain killer. Dawanol. For immediate liquidity needs. It does not address debt sustainability problems. Next step is debt restructuring (a must).

David Mihalyi

davidmihalyi

Scraped the new WB DSSI data! This plot shows countries where large share of servicing in 2020 is due to bondholders vs China (or neither). You can find dataset and

Ramah Nyang

Ramah_Nyang

This is the line that stands out from the Paris Club statement, for me: GoK “is also committed to seek all its other bilateral official creditors a debt service treatment

Jorge Rivera

jriver_a

Last year, @ONECampaign advocated for the @WorldBank to suspend debt payments from poor countries.They did not. Their argument: It's better to provide more new money than to stop collecting debt

Brad Setser

Brad_Setser

A bit more on global debt issues, spurred by the @petersgoodman article.As noted in the NYT, debt service deferral cannot be the only way to help low income countries, as

david_mcnair

David_McNair

THREAD: CHINA IS A HUGE DEAL FOR DEBT RELIEF: New data from @WorldBank shows China is owed $11.4bn in debt service this year and $10.5 next year. 10x the next

Brad Setser

Brad_Setser

The New York Times (@petersgoodman) highlights how the global financial response to the pandemic, to date, has fallen short of providing the financial support low income countries need to cope

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