Our Sovereign Sessions series shines the spotlight on the challenges and opportunities facing sovereigns and those that contract with them.
In this episode, Madhavi Gosavi talks to David Milligan about the different situations in which sovereigns might need to undertake debt management exercises, what these entail, and how to balance competing short- and long-term priorities.
Madhavi discusses how sovereign debt management units undertake continuous monitoring, regular reviews, and ongoing assessment of liabilities. She also highlights the moments when a more formal exercise becomes necessary – typically when external stress factors emerge, such as a pandemic like Covid-19, or a sharp drop in commodity prices for…