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Multilateral Debt Relief Initiative (MDRI). Chad does not qualify for topping-up under the Enhanced HIPC Initiative based on end …-2013 debt data. Creditors accounting for more than 87 percent of total HIPC-eligible debt have given satisfactory … reaching the completion point under the Enhanced HIPC Initiative, Chad will also qualify for additional debt relief under the …
Persistent link: https://www.econbiz.de/10014412095
creditor participation and presents an updated debt sustainability analysis (DSA). The paper contains a summary of the main …
Persistent link: https://www.econbiz.de/10014405269
This paper presents a debt sustainability analysis for St. Lucia. The medium-term scenario prepared by the IMF staff … assumes continued fiscal consolidation and thus is compatible with sustainable debt levels even in the presence of adverse … economic shocks. Stress tests show that stabilizing the debt/GDP ratio for the public sector at around the levels prevailing in …
Persistent link: https://www.econbiz.de/10014410933
The paper suggests steps to improve the efficiency of the foreign exchange market in Jamaica, and to promote its development. The financial system in Jamaica has undergone significant improvements. The most pressing problem continues to be inadequate liquidity. The results of various approaches...
Persistent link: https://www.econbiz.de/10014401789
Timor-Leste weathered the global financial crisis well and experienced healthy economic growth rates. It has made solid progress in strengthening the public financial management systems. The budget document provides comprehensive information; fiscal transparency is high. The Ministry of Finance...
Persistent link: https://www.econbiz.de/10014402438
suggests that the link between public debt and productivity is part of the answer to the puzzle. The paper considers Jamaica …’s debt management strategy and its optimal debt structure. It also reviews the institutional framework for debt management in … interest rate, and domestic currency bond placements …
Persistent link: https://www.econbiz.de/10014402960
to reinvigorate its growth and debt reduction strategy, it is instructive to examine how exogenous shocks and other … slowdowns and credit crunches. Second, it develops a framework to assess the probabilities of successfully reducing debt below …
Persistent link: https://www.econbiz.de/10014404449
This Selected Issues paper presents an overview of financial system developments in Jamaica. The financial system experienced substantial growth over 1989–95 as a result of the liberalization of financial markets and the reduction in government involvement in the industry through the...
Persistent link: https://www.econbiz.de/10014397669
The Burundian government has requested a modification of the zero limit on nonconcessional external debt in the country …
Persistent link: https://www.econbiz.de/10014397796
of domestic debt by increased inflows of external grants and concessional loans, as well as a rescheduling of external …This report of the Debt Sustainability Analysis (DSA) indicates that the envisaged strategy of a partial substitution … debt by the Paris and London Clubs, would facilitate the achievement of debt sustainability. The DSA also confirms that …
Persistent link: https://www.econbiz.de/10014398806