Webinar: Responding to the Risks of COVID-19 Debt Distress

October 12, 2021

Tuesday, October 12, 9:00 – 10:30am EST/ 3:00 – 4:30pm CET
Find your local time here

COVID-19 has produced an enormous global economic shock and ongoing risks to economic growth, poverty reduction progress, and sustainable development in many middle- and low-income countries (MICS and LICs). The fiscal consequences of the shock for many MICs and LICs are profound, often coming on top of rising debt vulnerabilities in the pre-crisis period. In a significant number of countries, foreign debt service is now a major constraint on fiscal space. G20 efforts to provide relief to poor countries have highlighted long-standing weaknesses in the international architecture for sovereign debt relief and restructuring. As we move into an uneven and uncertain recovery, with risks of volatility in global capital flows, the long-term costs of unresolved debt distress for both debtor and creditor countries will only increase.

Join the Center for Global Development, the Friedrich-Ebert-Stiftung New York and the Consensus Building Institute for a virtual discussion of the Roundtable Report: “Responding to the Risks of COVID Debt Distress, a collective effort by a group of prominent experts to identify changes needed in the system. The discussion will focus on a set of recommendations to strengthen debt transparency and accountability, standards for sovereign debt contracts, comparable treatment of creditors, and the roles of international financial institutions in debt restructuring and fostering new investment. The discussion will include a presentation of the report and the views and reactions of a distinguished panel.

Register here.

You May Also Like

How Immunisation Supply Chains (iSC) Contribute to Identifying, Targeting, and Reaching Zero-dose Communities

Effective supply chains are critical for reaching under-served populations with immunisation and primary health care (PHC) services, as this webinar series will demonstrate. But many programmes face challenges with iSC, including unreliable and duplicative distribution channels, weak stock management systems, and shortages of trained iSC professionals. This webinar series will walk you through technical guidance … Continued

Strengthening Local Capacity to Apply Behavioral Science to Immunisation Programmes

The Behavioral Science – Immunization Network project sought to understand practitioners’ capabilities in behavioral science and to explore its application to immunization in Nepal. The project conducted a scoping exercise in Nepal to understand the existing capacity of practitioners to apply behavioral science to immunization programming. Identifying the need to bring together stakeholders for multisectoral … Continued

Improving Effective Coverage in Health: Do Financial Incentives Work?

The World Bank published a new Policy Research Report Improving Effective Coverage in Health: Do Financial Incentives Work?, that builds on the rigorous body of evidence accumulated on performance-based financing (PBF) to examine the impacts of PBF and draw lessons for the future of health financing. This one hour webinar will have an initial presentation … Continued