The aggressive monetary policy tightening by systemic central banks since early 2022 and the consequent appreciation of the US Dollar have led to several economies, with a high share of external debt, becoming highly vulnerable to debt distress.
In similar fashion to other central banks, we publish our report to provide the information and analysis so that financial market participants and the wider public are well informed about the economic and financial environment, with particular attention to the associated risks. Armed with this information, they should be better able to make informed decisions about financial planning and decision-making.