The aforementioned procedures are key to the CRE recommendations for Debt Restructuring. More specifically, the United States has bestowed a wide range of non-market benefits to its debtors, such as national security, and these benefits must be accounted for in debt restructuring. The development and the processing of national and international comments on the proposed procedures are not only very resource intensive but their preparation will also take considerable time which necessitates that work on this item commence immediately. The IMF on restructuring debt.
