## Debt Sustainability Framework for Low Income Countries (LIC DSFx)

## Source details

**Canonical URL:** [Debt Sustainability Framework for Low Income Countries (LIC DSFx)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/lic-dsfxol26-120)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2026/lic-dsfxol26-120/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2026/lic-dsfxol26-120/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2026/lic-dsfxol26-120/bundle-manifest.json)

## Bibliographic details
- Session: OL 26.120
- Location: Course conducted online
- Dates: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Apply online by April 1, 2027 Deadline extended

---

### Target audience and qualifications
- Target audience:
  - Officials from ministries of finance
  - Debt agencies
  - Central banks
  - Other government agencies responsible for providing advice or implementing macroeconomic and debt policies
- Qualifications:
  - Some knowledge of economics would be helpful
  - Basic Microsoft Excel skills are essential

### Course logistics
- Session No.: OL 26.120
- Location: Course conducted online
- Date: May 1, 2026 - April 15, 2027 (50 weeks) New dates
- Delivery Method: Online Training
- Primary Language: French

### Course description — scope and approach
- Provides an overview of the World Bank-IMF Debt Sustainability Framework for Low Income Countries (LIC DSF)
- Purpose of the LIC DSF:
  - Help low-income countries achieve their development goals while minimizing the risk of debt distress
- Instructional progression:
  - 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 determines thresholds for debt-burden indicators
  - Show how breaches of thresholds under baseline or stress test scenarios signal risk of debt distress
  - Explore the use of judgment to arrive at a final risk rating
- Outcome orientation:
  - Enables participants to interpret LIC DSF outputs presented in WB and IMF reports

### Course objectives (learning outcomes)
Upon completion of this course, participants should be able to:
- Identify data requirements for the use of the LIC DSF template
- Identify the steps in the production of debt risk ratings for low-income countries
- Analyze the LIC DSF realism tools
- Interpret the LIC DSF stress test scenarios
- Identify how the LIC DSF computes thresholds for debt-burden indicators
- 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)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.120F)
- [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)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/lic-dsfxol26-120_