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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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2011
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Series: | Policy Papers
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Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
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 |
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Physical Description: | 4 pages |
ISBN: | 9781498338165 |