CABRI 6th network engagement with public debt managers in Africa
Increasing Debt Vulnerabilities and/or Distress and the potential for defaults by some African Sovereigns - what policy actions do public debt managers need to see implemented to mitigate these risks and what can we learn from recent cases? How should public debt managers in Africa understand the commitment of China and other key lenders in extending infrastructure loans in Africa and the manner in which they deal with sovereign debt restructuring? Do African countries benefit from these divergent approaches and what are the key policy recommendations to ensure African countries are back on a sustainable debt path?
(A) Increasing Debt Vulnerabilities and/or Distress and the potential for defaults by some African sovereigns.
(B) Understanding the commitment of China and other key lenders/creditors in extending infrastructure loans in Africa and the way they deal with sovereign debt restructuring.
- To share debt management lessons on drivers of debt vulnerabilities and debt distress, what are the early indicators and what have some of the African countries done to manage and mitigate the risk?
- To share top key policy recommendations on key lenders (including China) in advancing infrastructure financing in Africa and the debt resolution mechanisms that work.