PwC Zambia says the Global Sovereign Debt Roundtable (GSDR’s) agreement to improve information sharing on debt restructuring processes suggests that there was certain information that IMF, World Bank and government had, which creditors didn’t have full visibility of. Last week, the World Bank revealed in a statement that the GSDR had agreed to urgently improve information sharing including on macroeconomic projections and debt sustainability assessments at an early stage of the process. “The Global Sovereign Debt Roundtable (GSDR) met today and discussed debt sustainability and debt restructuring challenges and ways to address them. We are grateful to all the participants that included Paris Club and non-Paris Club creditors, debtor countries, and representatives of the private sector. The discussion focused on...

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