- International Monetary Fund
- Published Date:
- March 1998
©1998 International Monetary Fund
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The following symbols have been used throughout this volume:
… to indicate that data are not available:
— to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;
– between years or months (for example, 1995–96 or January–June) to indicate the years or months covered, including the beginning and ending years or months;
/ between years (for example, 1995/96) to indicate a fiscal or financial year.
“Billion” means a thousand million; “trillion” means a thousand billion.
“Basis points” refer to hundredths of 1 percentage point (For example, 25 basis points are equivalent to ¼ of 1 percentage point).
“n.a.” means not applicable.
Minor discrepancies between constituent Figures and totals are due to rounding.
As used in this volume the term “country” does not in all eases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained on a separate and independent basis.
This paper was prepared in the Official Financing Operations Division of the Policy Development and Review (PDR) Department of the International Monetary Fund, under the direction of Anthony R. Boote and Doris C. Ross. Its authors are Mariano Cortes, Christina Daseking. Vitali Kramarenko, Toshiro Nishizawa, Saqib Rizavi, and Kevin Ross. The paper provides information on official financing and the debt situation of developing countries, with a particular focus on the heavily indebted poor countries. It updates Official Financing for Developing Countries (Boote and others, 1995), and Section III provides a more limited update of Officially Supported Export Credits: Recent Developments and Prospects (Kuhn, Horvath, and Jarvis, 1995).
The work benefited from comments by staff in PDR and other departments of the IMF. Opinions expressed, however, are those of the authors and do not necessarily represent the views of the IMF or its Executive Directors. The paper reflects information available through September 1997.
The authors are grateful to Barbara Dabrowska for research and to Bogna Jezierska, Sulochana Kamaidinni, and Seetha Milton for secretarial assistance. Elisa Diehl of the External Relations Department edited the manuscript and coordinated production.