What does debt rescheduling refer to?

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An arrangement with the World Bank to convert part of a debt into alternative formsModifying the terms of debt repayment because the borrower cannot meet the original scheduleConsistent payments covering both interest and principal amountsImplementing austerity policies agreed upon with the IMF to enable debt repayment

Explanation

Debt rescheduling involves adjusting the repayment plan when the debtor is unable to pay as initially agreed. It does not refer to converting debt types, making regular payments, or adopting austerity measures.