## Applying the Debt Sustainability Framework for Low-Income Countries Post Debt Relief

_Policy Papers, November 6, 2006_

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## Bibliographic details
- Published: November 6, 2006
- Series: Policy Papers

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### Review and Context
- In April 2006, the Executive Boards of the Bank and the Fund reviewed the debt sustainability framework (DSF) for low-income countries and the implications of the multilateral debt relief initiative.
- Directors thought that the DSF was broadly appropriate and that no major changes were warranted.
- Directors saw scope for additional guidance on the application of the framework in a context where the apparent borrowing space created by debt relief raises new challenges in terms of policy advice.

### Key Findings
- Most Directors supported a case-by-case approach for assessing the appropriate pace of debt accumulation in countries with debt below the DSF thresholds.
- Directors requested the development of specific recommendations on the implementation of such a case-by-case approach.

### Subjects and Themes
- Debt relief
- Debt sustainability analysis
- Lapse of time approval
- Low-income developing countries
- Multilateral debt relief initiative

*Source: Applying the Debt Sustainability Framework for Low-Income Countries Post Debt Relief (International Monetary Fund).*

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/applying-the-debt-sustainability-framework-for-low-income-countries-post-debt-relief-pp3959_