16. Acknowledges the ongoing work towards a more comprehensive approach to sovereign debt restructuring, supports the increasing inclusion of collective action clauses in international bond issuing, takes note of the work on issues related to international arbitration and mediation mechanisms, and welcomes the efforts by borrowing countries and private-sector creditors to broaden the consensus on the Principles for Stable Capital Flows and Fair Debt Restructuring in Emerging Markets, which could contribute to strengthening crisis prevention and enhancing predictability of crisis management, bearing in mind the need not to preclude emergency financing in times of crisis, to promote fair burden-sharing and to minimize moral hazard;
16. 确认为争取更全面地处理主权债务重组而正在进行的工作有助于日益将集体行动条款列入国际债券的发行，注意到与国际仲裁和调解机制问题有关的工作，欢迎借款国和私营部门债权人努力扩大关于《在新兴市场上稳定资本流动和公平调整债务的原则》的共识，这有助于加强预防危机，提高危机管理的可预测性，同时铭记在发生危机时不必排除紧急融资，以促进公平分担债务，尽量减小道德风险；