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This paper highlights the state of Public Finances Cross-Country Fiscal Monitor. This edition of the Cross-Country Fiscal Monitor provides an update of global fiscal developments and policy strategies, based on projections from the November 2009 WEO. These projections reflect the assessment of...
Persistent link: https://www.econbiz.de/10014400997
Benin remains at moderate risk of external debt distress. The rating is unchanged from the previous November 2018 DSA. All the projected external debt burden indicators remain below their thresholds under the baseline, but the ratio of the present value (PV) of external debt to exports exceeds...
Persistent link: https://www.econbiz.de/10012646558
With some 19 million US Dollars (1.6 percent of GDP) in unresolved arrears to official bilateral creditors, Grenada remains in external public debt distress. However, debt appears sustainable reflecting favorable projected debt dynamics from substantial fiscal surpluses that are supported by the...
Persistent link: https://www.econbiz.de/10012646559
An updated joint assessment of Rwanda's debt sustainability suggests continued low risk of external debt distress … indicators in 2023, when the Eurobond issued in 2013 matures. The main risk to debt sustainability--and macroeconomic stability …
Persistent link: https://www.econbiz.de/10012646561
-unchanged from the previous Debt Sustainability Analysis (DSA) published in December 2018. While the mechanical results point to a …
Persistent link: https://www.econbiz.de/10012646562
. Moreover, a tailored natural disaster shock would lead to a significant deterioration in debt sustainability, breaching the …
Persistent link: https://www.econbiz.de/10012646563
Niger's risk of external and overall public debt distress is rated "moderate" as in the previous DSA. While all thresholds are observed in the baseline, the PV of PPG external debt-to-exports ratio breaches its threshold under stress test scenarios. Debt-carrying capacity continues to be rated...
Persistent link: https://www.econbiz.de/10012646564
strengthening debt management will be key to preserving medium-term debt sustainability …
Persistent link: https://www.econbiz.de/10012646568
The risk of external and overall debt distress for Guyana remains moderate, but debt dynamics will improve significantly with the start of oil production in 2020. All external debt indicators remain below the relevant indicative vulnerability thresholds under the baseline scenario, which...
Persistent link: https://www.econbiz.de/10012646569
The Debt Sustainability Analysis (DSA) indicates that Honduras stands at low risk of debt distress both for public … moderate. The DSA was undertaken under the revised debt-sustainability framework for low income countries (LIC DSF), whereby … Honduras's debt carrying capacity was upgraded from medium to strong. Changes in the debt-sustainability framework have …
Persistent link: https://www.econbiz.de/10012646570