Policy Papers

The Evolution of Public Debt Vulnerabilities In Lower Income Economies

February 10, 2020

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International Monetary Fund. Strategy, Policy, &, Review Department, and World Bank. "The Evolution of Public Debt Vulnerabilities In Lower Income Economies", Policy Papers 2020, 003 (2020), accessed 12/5/2025, https://doi.org/10.5089/9781513529110.007

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Summary

Public debt in lower-income economies (LIEs) has risen in recent years, with half of the countries covered in this report now assessed to be at high risk of or already in debt distress.

Subject: Debt sustainability, Debt sustainability analysis, External debt, Government debt management, Public debt, Public financial management (PFM)

Keywords: assessment, currency swap, debt management strategy, debt relief, debt resolution framework, Debt sustainability, Debt sustainability analysis, debt vulnerability, financing, financing practice, foreign currency, frontier economy, frontier LIEs, Global, Government debt management, LIEs economy, lower-income economy, PP, rollover risk, s debt risk rating downgrade, Sub-Saharan Africa

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