Cover Policy Papers
Modification to the Transparency Policy
Author:
International Monetary Fund. Strategy, Policy, & Review Department
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Series:
Policy Papers
Volume/Issue:
Volume 2022: Issue 035
Language:
English
Publication Date:
13 Jul 2022
DOI:
https://doi.org/10.5089/9798400213588.007
ISBN:
9798400213588
ISSN:
2663-3493
Pages:
26
Keywords:
transparency Policy; IMF team; market sensitivity concern; access country; market-sensitive material; Fund arrangement; Debt sustainability; Debt sustainability analysis
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The new Debt Sustainability Framework for Market Access Countries (MAC SRDSF) contemplates certain output that would be shared with the Board but that would need to be deleted from Country Documents before publication. A targeted modification to the Transparency Policy—proposed in this paper—is required for such deletions to be applied across market access Country Documents rather than on a case-by-case basis. The MAC SRDSF output to be deleted before publication consists on: (i) the near-term risk assessment; (ii) when debt is assessed to be sustainable, the qualification ”with high probability” or “but not with high probability”, unless such qualification is required for use of Fund resources; and (iii) the mechanical signal on debt sustainability.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund
Volume 2022: Issue 035