UID:
edocfu_9960178427502883
Umfang:
1 online resource (71 pages).
ISBN:
1-4983-0782-5
Serie:
Policy Papers ; IMF publications ; Volume 2018, Issue 009
Inhalt:
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.
Anmerkung:
I WHAT IS THE LIC DSF? -- FIGURES -- TABLES -- II DSF PROCEDURES -- III INPUTS -- IV REALISM TOOLS -- V DEBT CARRYING CAPACITY -- VI STRESS TESTS -- VII RISK SIGNALS -- VIII THE USE OF JUDGMENT -- IX THE FINAL RISK RATINGS -- X ADDING GRANULARITY TO RISK RATINGS -- BOX -- APPENDICES -- Reference.
Weitere Ausg.:
ISBN 1-4983-0726-4
Sprache:
Englisch
