Training Program

Ideally the candidates should be fiscal management experts responsible for macro-economic projections and broader fiscal management; officials directly involved in preparation of country debt sustainability analysis; officials involved in lending

Participants should have a degree in economics or finance, and should have reasonably fluency in French. Experience with debt sustainability analysis, or credit risk analysis would be extremely useful.

This workshop gives an in-depth introduction to the current debt sustainability framework for low-income countries (LIC-DSF) and the tools available to assist with debt sustainability in French-speaking African low-income countries. The framework helps guide countries and donors in mobilizing the financing of LICs' development needs, while reducing the chances of an excessive build-up of debt in the future. Sessions combine lectures on key features with demonstrations of the modules of the excel-based LIC-DSF framework covering linkages between the macroeconomic framework and debt dynamics, realism tools, stress tests, debt carrying capacity thresholds, the role of judgment, and the determination of final ratings.