Classification of Low-Income Countries for the Purpose of Debt Limits in Fund-Supported Programs 2011 Update

This short paper informs the Executive Board of staff's assessment of macroeconomic and public financial management capacity (henceforth 'capacity') in PRGT-eligible countries (henceforth 'low-income countries') with Fund-supported programs for the purpose of setting debt li...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:Policy Papers
Subjects:
Pp
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This short paper informs the Executive Board of staff's assessment of macroeconomic and public financial management capacity (henceforth 'capacity') in PRGT-eligible countries (henceforth 'low-income countries') with Fund-supported programs for the purpose of setting debt limits. Capacity plays an important role in the framework for debt limits. This framework includes a menu of options for concessionality requirements to reflect the diversity of situations in low-income countries (LICs). Eligibility for a particular option is related to an assessment of debt vulnerabilities and capacity
Physical Description:4 pages
ISBN:9781498338165