Global sovereign debt roundtable to meet on local debt restructuring -sources

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By Jorgelina do Rosario LONDON (Reuters) - Global creditors will discuss the inclusion of domestic debt in restructuring plans for countries in default ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Jorgelina do Rosario

The Sept. 15 technical meeting of the Global Sovereign Debt Roundtable will include representatives, likely at deputy level, of the International Monetary Fund , the World Bank and Group of 20 major economies. They are expected to prepare the ground for a more high level reunion during the October IMF-World Bank meetings in Morocco on Oct. 9-15.

There is no common restructuring template for countries in default, with governments often deciding on how to treat local debt in the wake of an IMF debt sustainability analysis.

 

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