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Persistent link: https://www.econbiz.de/10014409947
This paper seeks to address queries on several operational issues: (i) the robustness of the indicative thresholds; (ii) modalities for implementing DSAs; and (iii) operational implications for the Fund, Bank, and other international financial institutions and creditors
Persistent link: https://www.econbiz.de/10014409948
The objective of the joint Fund-Bank debt sustainability framework for low-income countries is to support LICs in their … efforts to achieve their development goals without creating future debt problems. Countries that have received debt relief …
Persistent link: https://www.econbiz.de/10014409991
The guidance note covers analytical aspects of the DSA framework, including the main changes introduced in this note. It also discusses DSA design and operational implications and technical modalities for preparing DSAs including timing, information sharing, review, and clearance. It outlines...
Persistent link: https://www.econbiz.de/10014410060
We cannot allow the return of economic stability to signify a return to "business as usual" for the IMF. The crisis exposed huge cracks in the international financial architecture of which the Fund is a key part. We have an historic responsibility to fix them. I urge all of us to recommit to...
Persistent link: https://www.econbiz.de/10014410154
concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term …
Persistent link: https://www.econbiz.de/10014410177
The objective of the joint Bank-Fund debt sustainability framework for low-income countries is to support LICs in their … efforts to achieve their development goals without creating future debt problems. Countries that have received debt relief …
Persistent link: https://www.econbiz.de/10014410354
Modernizing the framework for fiscal policy and public debt sustainability analysis (DSA) has become necessary …, particularly in light of the recent crisis and rising sustainability concerns in some advanced economies. While recognizing the … market-access countries, where the depth and extent of analysis would be commensurate with concerns regarding sustainability …
Persistent link: https://www.econbiz.de/10014410505
Introduced in 2005, the joint IMF-World Bank Debt Sustainability Framework (DSF) is a standardized framework for … conducting public and external debt sustainability analysis (DSA) in low-income countries (LICs). It aims to help guide the …
Persistent link: https://www.econbiz.de/10014410543
The framework for fiscal policy and public debt sustainability analysis (DSA) in market-access countries (MACs) was … assessing risks to debt sustainability against the backdrop of increased concerns over fiscal policy and public debt … sustainability in many advanced economies …
Persistent link: https://www.econbiz.de/10014410608