This is the first of three Debt Reports for 2022 to be published online over the course of the year to provide users … with data and analysis on external and public debt of low- and middle-income countries. Debt Report 2022 First Edition … present summary analyses of the composition of external debt stocks and flows from the regional perspective. It draws out the …

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 its threshold in the case of an extreme shock to exports.1 With regard …

remains in external public debt distress. However, debt appears sustainable reflecting favorable projected debt dynamics from … substantial fiscal surpluses that are supported by the Fiscal Responsibility Law (FRL). Total public debt has declined from 108 … percent of GDP in 2013 to 63.5 percent of GDP in 2018, with external public debt amounting to 44.5 percent of GDP. This …

The joint World Bank/IMF Debt Sustainability Analysis (DSA) has been prepared in the context of the 2019 Article IV … Consultation, for the first time based on the revised framework for low-income countries. Results indicate moderate risk of debt … distress for both external and overall public debt. However, the debt outlook remains vulnerable, especially to a deceleration …

An updated joint assessment of Rwanda's debt sustainability suggests continued low risk of external debt distress …. External debt burden indicators remain below risk thresholds, except for a short and temporary breach of debt service … indicators in 2023, when the Eurobond issued in 2013 matures. The main risk to debt sustainability--and macroeconomic stability …

Togo's risk of external debt distress continues to be moderate, while the overall risk of debt distress is high …-unchanged from the previous Debt Sustainability Analysis (DSA) published in December 2018. While the mechanical results point to a … low risk of external debt distress, judgment was applied given vulnerabilities arising from high domestic debt, which …

The updated DSA suggests that the external risk of debt distress for Vanuatu remains moderate with limited space to … absorb shocks. All external debt indicators remain below the relevant indicative thresholds under the baseline scenario … publicly guaranteed (PPG) external debt-to-GDP ratio to breach the threshold from 2024 onwards. The overall risk of debt …

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 "medium." The analysis shows that Niger has limited space to accommodate …

An updated DSA indicates that The Gambia is in external debt distress, though its public debt is deemed sustainable on … a forward-looking basis. The external debt service-to-exports and -to-revenue ratios breach their indicative thresholds … the prospective debt relief and the authorities' fiscal consolidation and state-owned enterprise (SOE) reform program, the …

Guinea is at moderate risk of external debt distress with some space to absorb shocks. All external debt burden … indicators under the baseline scenario lie below their policy-dependent thresholds. Stress tests suggest that debt … indicators breach their thresholds for prolonged periods. The overall risk of public debt distress is also assessed to be …