## Sovereign Risk and Debt Sustainability Framework (SRDSF-MAC)

## Source details

**Canonical URL:** [Sovereign Risk and Debt Sustainability Framework (SRDSF-MAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/srdsf-macsa26-41)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/sa/2026/srdsf-macsa26-41/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/sa/2026/srdsf-macsa26-41/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/sa/2026/srdsf-macsa26-41/bundle-manifest.json)

## Bibliographic details
- Session: SA 26.41
- Location: Colombo, Sri Lanka
- Dates: September 7-11, 2026 (1 week)
- Delivery method: In-person Training
- Primary language: English

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### Training program and target audience
- Training program offered by the IMF on the Sovereign Risk and Debt Sustainability Framework (SRDSF) for Market Access Countries (MACs).
- Target audience: Officials of ministries of finance and debt management offices of countries which apply the SRDSF for Market Access Countries (MACs).

### Qualifications and participant profile
- Expected qualifications:
  - Degree in economics or finance or equivalent work experience.
  - Good quantitative skills.
  - Current job or responsibilities should be linked to the topic of the workshop.

### Course description — scope and content
- Presents the IMF's SRDSF for Market Access Countries (MACs) through presentations, discussions, and exercises.
- Purposes of the SRDSF:
  - Guide countries' borrowing decisions to match their need for funds with their current and prospective ability to service debt, tailored to their specific circumstances.
  - Help assess a country's vulnerability to sovereign debt-related stress and identify policies to prevent potential stress from materializing in a timely manner.
  - Where public debt related stress has already materialized, help determine whether the stress can be resolved through a fiscal adjustment and/or additional financing, or if exceptional measures including a debt restructuring are needed.
- Course introduces participants to:
  1. The theoretical foundations of the framework.
  2. The SRDSF's forward-looking analysis of debt and debt service dynamics under a baseline scenario and in the context of plausible macroeconomic and financing shocks.
  3. Standardized outputs.
- Pedagogical approach:
  - Participants work on exercises and real-life case studies and analyze MAC SRDSF outputs.
  - While the focus is not on mastering the Excel-based Sovereign Risk and Debt Sustainability Analysis (SRDSA) template, participants are exposed to some of its key features in a guided manner.

### Course objectives — learning outcomes
Upon completion of the course, participants should be able to:
- Explain the key inputs required to operationalize the SRDSF.
- Understand how standardized outputs of the SRDSA are broadly produced.
- Interpret standardized outputs including:
  - the summary SRDSA table,
  - debt structure charts,
  - realism flags,
  - stress tests,
  - horizon-based and overall assessments.
- Apply effective concepts, definitions, and techniques for assessing sovereign debt risks.
- Exhibit satisfactory knowledge of the MAC SRDSF framework and toolkit.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Integrating Basel III Liquidity Standards with ILAAP A Framework for Effective Liquidity Risk Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/ce26-31)
- [Big Data for Macroeconomic Statistics (BDMS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/bdmsat26-27)
- [Financial Development and Financial Inclusion (FDFI)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/fdfiat26-24)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/sa/2026/srdsf-macsa26-41_