This course is 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.
Some knowledge of economics would be helpful. Basic Microsoft Excel skills are essential.
Deadline passed
Session No.: OL 22.188
Location: Course conducted online
Date: August 4-26, 2022 (3 weeks)
Delivery Method: Online Training
Primary Language: Portuguese
This online course provides an overview of the World Bank-IMF Debt Sustainability Framework for Low Income Countries (LIC DSF).
The LIC DSF was developed by the IMF and the World Bank (WB) to help low-income countries achieve their development goals while minimizing the risk of debt distress. This course allows participants to understand the LIC DSF and thus interpret the LIC DSF outputs presented in WB and IMF reports. The course walks through the steps involved in applying the LIC DSF. First, we identify data requirements and the "realism tools" used for assessing the plausibility of macroeconomic projections. Next, the course addresses how the LIC DSF computes a country's debt-carrying capacity, which is used for determining thresholds for debt-burden indicators. When a debt-burden indicator breaches its threshold under either the baseline or stress test scenarios, this signals risk of debt distress. The course concludes by exploring how judgment can be used to arrive at a final risk rating.
Upon completion of this course, participants should be able to:
English | July 6-17, 2026 | In-person Training | Vienna, Austria
Apply online by March 22, 2026
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Apply online by March 23, 2026
