Cover Debt Relief by Multilateral Lenders

Debt Relief by Multilateral Lenders

Why, How and How Much?
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As the sovereign debt crisis in the Global South continues to unfold, the lack of involvement of multilateral development banks (MDBs) in debt relief efforts has become a contentious issue among major creditors. This report aims to contribute to the ongoing debate over debt relief negotiations and MDBs and makes policy recommendations how to include MDBs better in debt relief.

Heinrich-Böll-Stiftung, Schumannstr. 8, 10117 Berlin, Tel. 030-285340, Fax: 030-28534109,

Product details
Date of Publication
September 2023
Heinrich-Böll-Stiftung, Boston University Global Development Policy Center, and the Centre for Sustainable Finance at SOAS, University of London
Number of Pages
All rights reserved
Language of publication
Table of contents

Executive Summary

The Case For MDB Involvement

Comparability of Treatment

Policy Options: How Could MDB Losses Be Covered?

Trade-Offs Between MDB Debt Haircuts And Additional Funding

Conclusion: Possible Ways Forward




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