Question: 5. Your friend asks you (1) why debtor countries are staying away from using Covid-19 Debt Service Suspension Initiative (DSS) despite its potential financial benefit

5. Your friend asks you (1) why debtor countries are staying away from using Covid-19 Debt Service Suspension Initiative (DSS) despite its potential financial benefit to them, (2) why is restructuring of international bonds issued by sub-sovereigns (such as provinces) and state-owned enterprises (SOE) harder than restructuring of sovereign bonds
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