Debt Limits in Fund-Supported Programs - Proposed New Guidelines

Publication Date:

August 5, 2009

Electronic Access:

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Summary:

Low-income countries (LICs) face significant challenges in meeting their development objectives, while maintaining a sustainable debt position. To address this dilemma, the international community has largely advocated recourse to concessional external finance. The Fund’s existing policy and practice on external debt limits conforms to this preference.

Series:

Policy Papers

Subject:

English

Publication Date:

August 5, 2009

Price:

Free

Format:

Paper

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