Inside IMF’s new Sovereign Debt Restructuring Playbook

International Monetary Fund (IMF) Deputy Director for African Department Catherine Pattillo.

Photo credit: File | AFP

International Monetary Fund (IMF) Deputy Director for African Department Catherine Pattillo, spoke to The EastAfrican about the launch of the guide, targeting country authorities.

On the sidelines of the 2025 IMF/World Bank Spring Meetings, we saw the launch of the Sovereign Debt Restructuring Playbook. Tell us about the playbook: why it is important and being launched at this time after we have seen several economies default, especially in Africa?