With debt, things are different. In normal states of the world, risks are not shared. When a firm – or country – runs into trouble, however, risks can be shared via missed interest payments or haircuts. And smoothing out income fluctuations via credit markets presupposes that credit is actually available when it is needed.
However, there is an urgency for the country to fully adhere to tax compliance accords and international anti-money laundering/anti-terrorism financing  3  Most recently in October/November 2016 at a Conference at the IMF/World Bank Annual Meetings in Washington, D. C., a Stakeholders Conference in Antigua and Barbuda and a High Level IMF Conference in Trinidad and Tobago.