Debt Sustainability Framework for Low Income Countries (LIC DSFx)
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- Debt Sustainability Framework for Low Income Countries (LIC DSFx)
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Bibliographic details
- Session: OL 24.139
- Location: Course conducted online
- Dates: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery method: Online Training
- Primary language: Spanish
- Status: Deadline passed
Program logistics and qualifications
- Session No.: OL 24.139
- Location: Course conducted online
- Date: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery Method: Online Training
- Primary Language: Spanish
- Qualifications: Some knowledge of economics would be helpful. Basic Microsoft Excel skills and access to a computer with a reliable internet connection and a Google Chrome web browser are essential.
- Target Audience:
- 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.
Course scope and structure
- Jointly presented by the Institute for Capacity Development and the Strategy, Policy, and Review Department, in collaboration with the World Bank.
- One-module online course providing an overview of the World Bank–IMF Debt Sustainability Framework for Low Income Countries (LIC DSF).
- Main instructional flow:
- 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.
- Demonstrate how breaches of thresholds under baseline or stress test scenarios signal risk of debt distress.
- Explore the use of judgment to arrive at a final risk rating.
Learning objectives and competencies
- Upon completion, participants should be able to:
- Identify data requirements for the use of the LIC DSF template.
- Identify the steps in the production of debt 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 WB and IMF reports.
References