## 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/2024/lic-dsfxol24-141)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2024/lic-dsfxol24-141/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2024/lic-dsfxol24-141/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2024/lic-dsfxol24-141/bundle-manifest.json)

## Bibliographic details
- Session: OL 24.141
- Location: Course conducted online
- Dates: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

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### Program logistics and target audience
- Session No.: OL 24.141
- Location: Course conducted online
- Date: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery Method: Online Training
- Primary Language: English
- Target Audience:
  - All government officials are welcome to register.
  - 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.
- Qualifications:
  - Some knowledge of economics is helpful.
  - Basic Microsoft Excel skills and access to a computer with a reliable internet connection and a Google Chrome web browser are essential.

### Course description and scope
- 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).
- Purpose of the LIC DSF:
  - To help low-income countries achieve their development goals while minimizing the risk of debt distress.
- Structure and topics covered:
  - One-module online course that walks through the steps involved in applying the LIC DSF.
  - Identification of data requirements and the "realism tools" used for assessing the plausibility of macroeconomic projections.
  - Explanation of how the LIC DSF computes a country's debt-carrying capacity, which is used to determine thresholds for debt-burden indicators.
  - Treatment of baseline and stress test scenarios: when a debt-burden indicator breaches its threshold under either the baseline or stress test scenarios, this signals risk of debt distress.
  - Discussion of how judgment can be used to arrive at a final risk rating.
- Intended outcome:
  - Enable participants to interpret LIC DSF outputs presented in World Bank and IMF reports.

### Course objectives (participant competencies upon completion)
- 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.

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## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Executive Training 2 on Fiscal Policy Considerations (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fpcce26-16)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2024/lic-dsfxol24-141_