The accumulation of imbalances is like a chronic disease induced by the neglect of health for many years. For a cure, it takes time to improve physical health. Namely, the road to normalization is, by restoring fiscal discipline and raising economic growth potential, to repay debt and not to accumulate debt again in the future.
While it is important to take responses including funding support and debt restructuring, those are, so to speak, policy measures to “buy time” and, in order to gain market confidence, it becomes necessary to show the market that countries have the capability to repay debt in the future.