Online: Debt Sustainability Framework for Low Income Countries

Source details

Canonical URL: Online: Debt Sustainability Framework for Low Income Countries

Some knowledge of economics is helpful.
Basic Microsoft Excel skills required.
Access to a computer with a reliable internet connection and a Google Chrome web browser is essential.

All government officials are welcome to register.
Particularly useful for officials from ministries of finance, debt agencies, central banks, and other government agencies responsible for providing advice or implementing macroeconomic and debt policies.

The course is presented jointly by the Institute for Capacity Development and the Strategy, Policy, and Review Department, in collaboration with the World Bank.
Provides an overview of the World Bank–IMF Debt Sustainability Framework for Low Income Countries (LIC DSF).
Focuses on enabling participants to understand and interpret LIC DSF outputs presented in World Bank and IMF reports.
One-module structure that walks through the practical steps involved in applying the LIC DSF:
- Identify data requirements and the “realism tools” used for assessing the plausibility of macroeconomic projections.
- Explain how the LIC DSF computes a country’s debt-carrying capacity, which is used to determine thresholds for debt-burden indicators.
- Describe that when a debt-burden indicator breaches its threshold under either the baseline or stress test scenarios, this signals risk of debt distress.
- Explore how judgment can be applied to arrive at a final risk rating.

Upon completion of the course, participants should be able to:

Identify data requirements for the use of the LIC DSF template.
Identify the steps in the production of risk ratings for low-income countries.
Understand the LIC DSF realism tools.
Interpret the LIC DSF stress test scenarios.
Identify how the LIC DSF computes thresholds for debt-burden indicators.
Understand the LIC DSF risk ratings.
Interpret the outputs of the debt sustainability analysis for low income countries, as presented in World Bank and IMF reports.