Guidance Note on the Bank-Fund Debt Sustainability Framework for Low Income Countries

Low-income countries (LICs) face significant challenges in meeting their Sustainable Development Goals (SDGs) while at the same time ensuring that their external debt remains sustainable. In April 2005, the Executive Boards of the International Monetary Fund (IMF) and the International Development A...

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Bibliographic Details
Corporate Authors: International Monetary Fund Strategy, Policy, &amp, Review Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2018
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Guidance Note on the Bank-Fund Debt Sustainability Framework for Low Income Countries 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2018 
300 |a 71 pages 
651 4 |a United States 
653 |a Public debt 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Financial sector policy and analysis 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Debt 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Exports and Imports 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a External debt 
653 |a Debts, External 
653 |a Sovereign Debt 
653 |a Financial risk management 
653 |a Debt sustainability 
653 |a Public Finance 
653 |a Debt sustainability analysis 
653 |a Finance: General 
653 |a Stress testing 
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520 |a Low-income countries (LICs) face significant challenges in meeting their Sustainable Development Goals (SDGs) while at the same time ensuring that their external debt remains sustainable. In April 2005, the Executive Boards of the International Monetary Fund (IMF) and the International Development Association (IDA) approved the introduction of the Debt Sustainability Framework (DSF), a tool developed jointly by IMF and World Bank staff to conduct public and external debt sustainability analysis in low-income countries. The DSF has since been serving to help guide the borrowing decisions of LICs, provide guidance for creditors’ lending and grant allocation decisions, and improve World Bank and IMF assessments and policy advice. The latest review of the framework was approved by the Executive Boards in September 2017. This introduced reforms to ensure that the DSF remains appropriate for the rapidly changing financing landscape facing LICs and to further improve insights into debt vulnerabilities. This note provides operational and technical guidance on the implementation of the reformed framework