Cover Image
Read Now

Reform of the Policy on Public Debt Limits in IMF-Supported Programs

This paper evaluates the IMF’s policy on the use of quantitative limits on public debt in IMF-supported programs (the “debt limits policy”) and proposes a number of modifications. The review is taking place at a time when many countries are experiencing heightened debt vulnerabilities or actual debt...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund Strategy, Policy, & Review Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:Policy Papers
Subjects:
Public Debt
Finance
Debt Limits
Public Finance & Taxation
Government Debt Management
Debt Management
Capital Market
Debts, Public
Debt
Exports And Imports
General Financial Markets: General (includes Measurement And Data)
Asset And Liability Management
International Economics
International Lending And Debt Problems
Debts, External
External Debt
Sovereign Debt
Debt Sustainability
Public Financial Management (pfm)
Concessional External Borrowing
Financial Risk Management
Public Finance
Finance: General
Central African Republic
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper evaluates the IMF’s policy on the use of quantitative limits on public debt in IMF-supported programs (the “debt limits policy”) and proposes a number of modifications. The review is taking place at a time when many countries are experiencing heightened debt vulnerabilities or actual debt distress, aggravated by the COVID-19 shock, and occurring against the backdrop of a changing credit landscape in which concessional finance is scarcer relative to countries’ investment needs
Physical Description:67 pages
ISBN:9781513560885

Similar Items