The International Monetary Fund (IMF) and the Spanish Ministry for Economic Affairs and Digital Transformation co-hosted the 19th Public Debt Management Forum
The event held in Madrid brought together senior government officials and private sector representatives from 31 advanced and emerging economies to discuss and debate timely issues affecting public debt management.
Titled “Debt in the Time of Turbulence,” the forum addressed the challenges facing debt managers.
Participants discussed tools that debt managers have to face higher inflation and rising debt servicing costs. Another session discussed the tradeoffs debt managers face in issuing ESG bonds. The last session drew on historical experience to consider the path for countries seeking to restore market access after a crisis.
Secretary General for the Treasury and International Finance, Carlos Cuerpo, opened the Forum by appraising the recent economic trends. Mr. Tobias Adrian, the IMF’s Financial Counsellor and the director of the Monetary and Capital Markets Department, spoke to participants about risks to global financial stability that the IMF monitors continuously.
The co-hosts thanked the Bolsa de Madrid for offering a superb venue for the forum and collaborating in the organization.
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