Ethiopia has made impressive strides along its developmental path. Job creation is now the critical development challenge, raising the importance of the private sector agenda. After more than a decade of sustained public sector-led growth, the government is revising its growth strategy to allow...

The focus of this paper is on sustainable tourism's wider benefits, it is important to acknowledge that there are tradeoffs involved. Like other economic activities, tourism both gives and takes from communities and travelers. When it is poorly planned, tourism can negatively impact cities,...

Madagascar's risk of external debt distress is assessed to be moderate, in line with the last debt sustainability analysis (DSA) of June 2017, since the dynamics of Madagascar's external public and publicly-guaranteed (PPG) debt remain sustainable under the baseline. The public DSA shows total...

Following the restructuring of the debt to Glencore and the progress made in clearing external arrears, debt vulnerabilities declined significantly, and the external risk rating has been upgraded to high. The debt sustainability analysis (DSA) shows that all debt burden indicators, except the...

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...

This report provides a Debt Sustainability Analysis (LIC-DSA) of Grenada's public and publicly guaranteed (PPG) external and total debt for 2018. The macro-framework incorporates all previous debt restructurings, including the November 2017 haircut on commercial debt. Total public debt has...