## 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-dsfxol23-157)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-157/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-157/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/lic-dsfxol23-157/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.157
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

---

### Overview
- Training Program title: Debt Sustainability Framework for Low Income Countries (LIC DSFx).
- Session No.: OL 23.157.
- Location: Course conducted online.
- Date: May 1, 2023 - April 15, 2024 (50 weeks).
- Delivery Method: Online Training.
- Primary Language: English.
- Presented jointly by the Institute for Capacity Development and the Strategy, Policy, and Review Department, in collaboration with the World Bank.

### 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 — core content and sequence
- Provides an overview of the World Bank–IMF Debt Sustainability Framework for Low Income Countries (LIC DSF).
- One-module course designed to enable participants to understand and interpret LIC DSF outputs presented in WB and IMF reports.
- Course walkthrough (sequence of steps covered):
  - 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 for determining thresholds for the debt-burden indicators.
  - Demonstrate how breach of a debt-burden indicator threshold under the baseline or stress test scenarios signals risk of debt distress.
  - Explore the use of judgment to arrive at a final risk rating.

### Course objectives (learning outcomes)
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 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

- [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-dsfxol23-157_