21 “... the banking system, facilitate corporate debt restructuring, and consolidate the public finances...”

22 “... owing to the authorities’ debt restructuring strategy and current and projected higher oil prices...”

23 “... owing to the authorities’ debt restructuring strategy and current and projected higher oil prices...”

24 “... system is emerging from its restructuring. The economy now appears set on a gradual path of recovery...”

25 “... corporate debt restructuring framework and tax measures could help corporate deleveraging. The findings...”

26 “... requires putting in place a strong private-sector debt-restructuring framework, including legislation...”

27 “... policies: Bank restructuring should now be rapidly completed and bad asset disposal accelerated. Large...”

28 “... incumbents, thereby congesting reallocation. Strong restructuring and insolvency regimes would facilitate...”

29 “... adjustment and preventing liquidity distress. Financial policies continue to focus on prudent restructuring...”

30 “... by implementing good governance principles, restructuring and increased private ownership; further deregulate...”

31

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33 “... balance sheets. This strategy should promote restructuring support for viable, but distressed firms and a...”

34 “... restructured loans are expected to strengthen incentives to service restructured loans...”

35 “... should be proactive in putting in place a coordinated approach to debt work-outs to restructure the debts...”

36