2023-Public-Sector-Perspectives

Figure 5: Debt burden 60 65 70 75 80 85 90 95 100 105 110 0 5 10 15 20 25 30 35 AA+/AA/AA- Interest to Revenue (%) Debt to GDP (%) A+/A/A- BBB+/BBB/BBB- BB+/BB/BB- B+/B/B- CCC+/CCC/CCC- SD Source: IMF October 2022, Haver, S&P’s data as of 10/2022, Citi PSG Calculations Governments facing increasing debt pressures would be well-advised to update their debt sustainability frameworks with the support of the IMF or a financial advisor, to engage with creditors early on, and to communicate their debt management plans with both investors as well as the credit rating agencies. Citi Perspectives for the Public Sector 69