## Virtual - DSA and IMF Policies Workshop

## Source details

**Canonical URL:** [Virtual - DSA and IMF Policies Workshop](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2020/dsact20-05)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2020/dsact20-05/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ct/2020/dsact20-05/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ct/2020/dsact20-05/bundle-manifest.json)

## Bibliographic details
- Session: CT 20.05
- Location: Beijing, China
- Dates: July 13-17, 2020 (1 week)
- Primary language: English

---

### Event details and logistics
- Session No.: CT 20.05
- Location: Beijing, China
- Date: July 13-17, 2020 (1 week)
- Primary Language: English
- Delivery mode: Virtual via WebEx platform
- Technical requirements:
  - Reliable broadband is required.
  - A device with either the WebEx desktop application or a Google Chrome web browser is essential.
  - A computer is recommended to fully benefit from the lectures and exercises.

### Target audience
- Officials in Eximbank or CDB directly involved in lending decisions (loan officers, credit risk analysts)
- Officials in the PBoC engaged in designing swap arrangements in EMs/LICs
- Officials from NDRC, China Export and Credit Insurance Corp, CIDCA, and other agencies engaged in lending/aid
- Officials in the Ministries of Commerce, Foreign Affairs, and Finance overseeing lending/aid to EMs/LICs

### Qualifications for participants
- Should have a degree in economics or finance
- Should have reasonably fluency in English (translation will not be available)
- Experience with debt sustainability analysis, or credit risk analysis would be extremely useful

### Course description — scope and major topics
- The course presents an overview of the tools available to assist with debt sustainability analysis, with a special focus on using them to assess cases where debt is not sustainable and resolution is needed.
- It covers the global architecture for debt resolution, when this is necessary, and IMF policies when dealing with countries in debt resolution situations.
- Topics covered include:
  - Defining public debt, and assessing contingent risks that exist due to gaps in data
  - Macro forecasting and realism (with close attention to investment-growth linkages)
  - Determination of a country's debt carrying capacity (both external and total debt)
  - Categorizing risks for external and total debt, and qualifying them
  - Thinking about sustainability
  - Different approaches to restoring sustainability
  - The international architecture for debt resolution, and IMF's policies when dealing with countries in a debt resolution situations

### Course objectives — learning outcomes
- Understand the basic information needed for a debt sustainability analysis
- Interpret sustainability analyses published by the IMF and World Bank
- Evaluate sustainability and how to evaluate loss given default
- Options available to creditors to support debt resolution
- Understand what will happen if a country becomes over-burdened with debt, and what crisis lenders (like the IMF) will need from creditors to be able to help with resolution

---


## References

- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2020/dsact20-05_