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Market Stresses Testing Managers of Public Debt

Participants to the 8th IMF Public Debt Managers' Forum for public debt managers agreed that both mature and emerging markets faced similar key risks to growth and price stability, but that the risks are becoming more pronounced in emerging markets, where inflation is becoming a bigger problem.
Debt managers, central bankers, and representatives of the private sector gathered in Warsaw for the 8th IMF Public Debt Managers' Forum. The July 14-15 Forum attracted participants from a wide-range of emerging and mature market countries. Meetings were co-hosted by the National Bank of Poland and the Polish Ministry of Finance, and were chaired by Murilo Portugal, the IMF's Deputy Managing Director.