WORLD BANK GROUP AND INTERNATIONAL MONETARY FUND SUPPORT FOR DEBT RELIEF
UNDER THE COMMON FRAMEWORK AND BEYOND
This estimate is based on information provided by G20 creditors as of November 2020.
This estimate is based on debt-service payments owed to all official bilateral creditors as per the WBG International Debt Statistics (IDS) definitions and classifications. These estimates are derived from monthly IDS projections based on end-2019 external PPG debt. 45 participating countries have requested the DSSI either in 2020 or 2021.
A joint IMF-WB note for the G20 is being prepared with a fuller analysis of the economic and financial situation of the DSSI-eligible countries, the experience with DSSI implementation, the observance of commitments made under the DSSI, the liquidity needs of DSSI-eligible countries and trends in their debt sustainability indicators, together with developments in LIC financing and debt treatments.
See Carmen Reinhart and Christoph Trebesch (2016) “Sovereign Debt Relief and its Aftermath”, Journal of European Economic Association, February 2016.