## Debt Sustainability Framework for Low Income Countries

## Source details

**Canonical URL:** [Debt Sustainability Framework for Low Income Countries](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-156)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-156/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-156/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-156/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.156
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Deadline passed

---

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

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

### Course description and scope
- 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).
- One-module online course aimed at enabling participants to understand and interpret LIC DSF outputs presented in World Bank and IMF reports.
- Course structure and content:
  - Walks through steps involved in applying the LIC DSF.
  - Identifies data requirements and the “realism tools” used for assessing the plausibility of macroeconomic projections.
  - Explains how the LIC DSF computes a country’s debt-carrying capacity, used to determine thresholds for debt-burden indicators.
  - Describes that when a debt-burden indicator breaches its threshold under either the baseline or stress test scenarios, this signals risk of debt distress.
  - Concludes by exploring how judgment can be used to arrive at a final risk rating.

### Course objectives (learning outcomes)
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.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [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/ol/2023/lic-dsfxol23-156_