- 15 Marks
PSAF – May 2022 – L2 – SA – Q5 – Public Sector Reforms
Discuss principles of debt rescheduling and forms of debt conversion.
Question
Rescheduling is the rearrangement of payment terms of debt with respect to new maturities, grace period, and readjustment of the interest rate. The essence is to facilitate convenience in debt repayment.
Required:
a. Identify and explain TWO main principles of debt rescheduling. (5 Marks)
b. Discuss FIVE forms of debt conversion. (10 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Debt Conversion, Debt Rescheduling, Fiscal Management, Public Debt Management, Treasury
- Level: Level 2
- Topic: Public Sector Reforms
- Series: MAY 2022
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