We reiterate that debtors and creditors must work together to prevent and resolve unsustainable debt situations. Maintaining sustainable debt levels is the responsibility of the borrowing countries; however we acknowledge that lenders also have a responsibility to lend in a way that does not undermine a country’s debt sustainability. In this regard, we take note of the UNCTAD principles on responsible sovereign lending and borrowing. We recognize the applicable requirements of the IMF debt limits policy and/or the World Bank’s non-concessional borrowing policy. The OECD Development Assistance Committee has introduced new safeguards in its statistical system in order to enhance the debt sustainability of recipient countries. We recall the need to strengthen information-sharing and transparency to make sure that debt sustainability assessments are based on comprehensive, objective and reliable data. We will work towards a global consensus on guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns, building on existing initiatives.
- Topics of other articles
- #tagcoding
- Backlinks
- also under #a4i2e - II.E. Debt and debt sustainability
- Comments and Footnotes
Discover global instrument articles that deal with a topic via the Tag cloud with terms in articles of international instruments:
Look up the sustainable development target for a topic via the Tag cloud for sustainable development targets
The #tagcoding hashtag for #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns in your country
Select a continent's tab for country ISO 3166 codes to localize the #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns coding hashtag!
Visit #WWlgu codes for local news incl. progress on climate change (#SDG13) for local government unit (lgu) localization.
#fightingUntruthsOnline about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
- #aaaa97 hashtags for online untruths
- #aaaa97_M
- #aaaa97_C
- #aaaa97_D
- #aaaa97_F
- #aaaa97_P
- #aaaa97_S
- Source
Add the untruth-postfixes to the hashtag:
#aaaa97_M : Misinformation about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
#aaaa97_C : Conceptual deception about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
#aaaa97_D : Disinformation about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
#aaaa97_F : Fake news about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
#aaaa97_P : Propaganda about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns
#aaaa97_S : Satire about #aaaa97 - Guidelines for debtor and creditor responsibilities in borrowing by and lending to sovereigns