Cover Policy Papers
Staff Guidance Note on the Application of the Joint Fund-Bank Debt Sustainability Framework for Low-Income Countries
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2010: Issue 006
Language:
English
Publication Date:
25 Jan 2010
DOI:
https://doi.org/10.5089/9781498337946.007
ISBN:
9781498337946
ISSN:
2663-3493
Pages:
54
Keywords:
PP; DSA write-up; DSA template; draft DSA; DSA assumption; DSA process; burden threshold; debt relief; discount rate; long-term debt; foreign currency; DSA result; DSA document; Debt sustainability analysis; Debt sustainability; Public investment spending; Global
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The objective of the joint Bank-Fund debt sustainability framework for low-income countries is to support LICs in their efforts to achieve their development goals without creating future debt problems. Countries that have received debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) need to be kept on a sustainable track. Under the framework, country DSAs are prepared jointly by Bank and Fund staff, with close collaboration between the two staffs on the design of the macroeconomic baseline, alternative scenarios, the debt distress rating, and the drafting of the write-up
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund
Volume 2010: Issue 006