루이스 카푸토 경제장관은 밀레이 정부가 국제 채권시장 복귀 없이 2027년 말까지 대응할 수 있는 자금 계획을 갖추고 있다고 밝히며, 조건 개선 시 문을 열어둔다고 했다
남미 제2위 경제 대국인 아르헨티나는 G20 회원국 중 가장 많은 횟수로 국가 채무 불이행을 경험했으며, 현재 1950년대 이후 23번째 IMF 프로그램 하에 있다.
Argentina's official currency, prone to recurrent devaluation crises, now under a managed crawling-band regime backed by a US$20 billion IMF program launched in April 2025.
The repeating pattern in which IMF-backed fiscal consolidation and subsidy cuts in Sub-Saharan Africa, Latin America and South Asia trigger street protests that destabilise governments implementing them.
China's managed currency, issued by the People's Bank of China, is the world's fourth most traded currency and the IMF's fifth SDR basket member, reshaping global reserve and payment flows.
Egypt's pound (EGP) shed more than 70% of its value from 2022 to 2024 through three devaluations before stabilizing near LE 50 per US dollar under IMF supervision.
Africa's second-most-populous country defaulted on its Eurobond in 2023 and is now the most closely watched test of the G20 Common Framework for low-income sovereign debt relief.
Ghana, a West African republic of 34 million, completed a landmark IMF debt restructuring in May 2026 after defaulting on external debt in December 2022.
Japan's national currency, issued by the Bank of Japan, is the world's third most traded currency and the primary vehicle for carry trades that destabilize Asian markets when unwound.
Argentina's libertarian-anarcho-capitalist president since December 2023, Milei is running a radical austerity program that has slashed inflation and redefined Buenos Aires's ties with the IMF and Washington.
East African nation of 56 million at high risk of debt distress, where a Gen Z uprising in 2024 forced Kenya's government to withdraw IMF-linked austerity legislation.
A nuclear-armed South Asian republic of 251 million, Pakistan is the pivot between India, China, Afghanistan, and the Gulf, and one of the world's most acutely distressed sovereign-debt cases.
West African coastal republic regarded as sub-Saharan Africa's most durable democracy, now under fiscal stress from hidden debts and a constitutional power struggle between President Faye and former ally Ousmane Sonko.
Pakistan's two-term Prime Minister since 2022, Sharif governs a nuclear-armed, IMF-dependent state while repositioning Islamabad as a US-Iran ceasefire mediator.
Sri Lanka defaulted on its sovereign debt in April 2022, its worst post-independence economic crisis, and is now three-quarters through a US$3 billion IMF restructuring.
North African republic whose public debt reached 82% of GDP by 2025 after President Kais Saied rejected IMF conditions, making it a sovereign-debt flashpoint watched across the developing world.
The US dollar, issued by the US Federal Reserve, is the world's primary reserve and trading currency, making US monetary policy a global macro driver.
Kenya's fifth president since 2022, facing recurring Gen Z protests over fiscal austerity, an open ICC crimes-against-humanity case, and a debt crisis central to East African politics.
Landlocked Southern African copper producer that became the G20 Common Framework's first African test case, completing sovereign debt restructuring in 2024 after a 2020 Eurobond default.
GDP 대비 132%에 달하는 부채와 약 130억 달러의 미공개 차입을 안고, 다카르는 소코 총리 해임 이후에도 IMF가 요구하는 채무 재조정을 거부하고 있다
크롤링 밴드 상한을 향해 오르는 환율, 7년 만에 최고치를 기록한 외환보유액, IMF 프로그램의 핵심 긴장
아우랑제브는 급여 소득자 세율을 인하하고 부가세를 폐지하면서 70억 달러 IMF 프로그램의 재정 건전화 목표와 17.6% 높은 세수 목표를 유지
기금은 약 10억 달러를 해제하고 디스인플레이션을 높이 평가했지만, 비평가들은 선거의 해에 인플레이션을 재점화할 수 있다는 외환보유고 하한선 설정