Daniel Munevar

Daniel Munevar

Back to the Future: A sovereign debt standstill mechanism - IMF Article VIII, Section 2 (b)

A new Eurodad report has identified an available IMF mechanism to impose debt standstills: Article VIII, Section 2 (b) of the IMF Articles of Agreement. The article in question allows the IMF to impose a debt standstill through the temporary suspension of enforceability of debt contracts in domestic courts of more than 189 IMF member countries, including the US and the UK.

Read the report in English, FrenchSpanish and Portuguese.

  • Debt Justice
  • Debt Resolution
Iolanda Fresnillo

Argentina: creditors must take action to stem human impact of debt crisis

Argentina continues to struggle with recession and a mounting debt crisis. The country has been on selective default for a few months, and is battling to avoid a broader default.

  • Debt Justice
  • Debt Resolution
Daniel Munevar

G20 debt service suspension: A response not fit for purpose (II)

This second part of our two-part blog series provides an assessment of the G20 Debt Service Suspension Initiative announced last week. Part I analyses the impact of the proposal on fiscal responses to Covid-19. Part II places the initiative in the context of the broader economic costs of the crisis for developing countries.

  • Debt Justice
  • Debt Sustainability
Daniel Munevar

G20 debt service suspension: A response not fit for purpose (I)

This blog series of two parts will provide an assessment of the G20 debt service suspension initiative announced last week. Part I analyses the impact of the proposal on fiscal responses to Covid-19. Part II places the initiative in the context of the broader economic costs of the crisis for developing countries. 

  • Debt Justice
  • Debt Sustainability
Daniel Munevar

Financiamiento de emergencia para Economías de Bajos Ingresos

La crisis de Covid-19 tiene el potencial de devastar el sustento y las vidas de los 1.200 millones de personas en 69 Economías de Bajos Ingresos cubiertos por este informe. 

  • Debt Justice
  • Debt Resolution
Daniel Munevar

Moratoria de la deuda para 69 Economías de Bajos Ingresos

Evaluación de costos de una moratoria de la deuda para enfrentar la crisis de Covid-19

  • Debt Justice
  • Debt Resolution
Iolanda Fresnillo

Six things you should know about Covid-19 and debt for developing countries

As the world grapples with responding to the Covid-19 pandemic, this blog explores the key issues for countries in the global south.

  • Debt Justice
  • Covid-19
Daniel Munevar

IMF Debt Relief: Implications for developing countries

On 13 April, the IMF announced an initiative to provide debt relief for a selected group of 25 countries. 

  • Debt Justice
  • Debt Resolution
Daniel Munevar

Covid-19, deuda pública y sistemas de salud en el sur global

El costo humano y económico de la crisis causada por COVID-19 es un claro recordatorio de la fragilidad de nuestra sociedad globalizada.

  • Debt Justice
  • Debt Resolution
Daniel Munevar

Emergency financing for Low-Income Economies to tackle Covid-19

This briefing is provided to inform development of policy responses to the Covid-19 crisis and in support of calls from wider civil society for debt cancellations for the world’s poorest countries in the face of the current crisis. 

  • Debt Justice
  • Debt Sustainability