The strengthening of the IMF’s lending capacity will be an issue that will be discussed in tomorrow’s G20 Meeting. Fourth, debtor countries should engage in a constructive relationship with creditors, following the “Principals for Stable Capital Flows and Fair Debt Restructuring” that have been developed under the auspices of the IIF.
Fifth, it is very important to implement various programs to mitigate, to the extent possible, the social consequences of adjustment. These programs should seek to maintain a basic support network, for instance in health and education, focusing specifically on the most vulnerable and poorly equipped population to withstand shocks and adjustments.