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The results of the update of the Debt Sustainability Analysis (DSA) show that Guinea continues to be at a moderate risk of external debt distress. All external debt burden indicators under the baseline scenario lie below their policy-dependent thresholds and debt dynamics have improved compared...
Persistent link: https://www.econbiz.de/10012575733
The DSA concludes that Tuvalu remains at a high risk of debt distress, in line with the 2016 DSA conclusion. External debt has breached several thresholds as of 2017, including for the present value of debt-to-GDP. Risks to debt sustainability remain high due to elevated current spending, a...
Persistent link: https://www.econbiz.de/10012575734
Togo’s risk of external debt distress continues to be moderate with heightened overall risk of debt distress—unchanged from the previous Debt Sustainability Analysis (DSA) published in April 2017. Alternative scenarios and stress tests suggest, however, that external public debt could...
Persistent link: https://www.econbiz.de/10012575735
Liberia remains at moderate risk of debt distress, though care and precision in implementing its ambitious infrastructure program will be critical. Under the baseline scenario, which reflects staff’s interpretation of the authorities’ stated plans, Liberia will remain at moderate risk of...
Persistent link: https://www.econbiz.de/10012575736
The debt sustainability analysis (DSA) shows some improvement relative to the previous review mainly due to better-than-expected outcomes in year 2017 and the revised profile of PPP operations. Staff still assess the risk of debt distress as moderate. Continued strengthening of institutions...
Persistent link: https://www.econbiz.de/10012575737
An updated debt sustainability analysis (DSA) indicates that The Gambia is currently in external debt distress and that public debt is unsustainable. Both external and domestic debt are very high, and a significant pipeline of already-contracted loans poses risks to solvency. External debt stock...
Persistent link: https://www.econbiz.de/10012575738
This debt sustainability analysis (DSA) fully updates the May 2017 joint IMF/WB DSA. Bangladesh’s risks of external debt distress and overall debt distress continue to be assessed as low. The FY17 fiscal deficit remains well below the 5 percent of GDP budget target. Spending control and slower...
Persistent link: https://www.econbiz.de/10012575739
Dominica continues to be at high risk of debt distress. However, hurricane Maria in September 2017 caused severe social hardship and deterioration of fiscal and external balances, weakening sustainability. In addition, Dominica’s debt carrying capacity as measured by the three-year CPIA...
Persistent link: https://www.econbiz.de/10012575740
Cameroon’s risk of external debt distress remains high. Fiscal consolidation and the Fund-supported envisaged reforms, coupled with the increasing share of concessional new borrowing, would improve the debt profile over time. However, at present, Cameroon’s external debt remains highly...
Persistent link: https://www.econbiz.de/10012575798