{
  "title": "Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt",
  "publication": "Policy Papers, February 26, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320",
  "overlayPath": "/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/index.md",
  "summary": "Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position. The international community’s main answer to this dilemma has been to promote recourse to concessional external resources.",
  "sections": [
    {
      "heading": "Summary of core issue",
      "content": "- Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position.\n- The international community’s main answer to this dilemma has been to promote recourse to concessional external resources."
    },
    {
      "heading": "Fund practice and policy stance",
      "content": "- The Fund’s recommendations to LICs conform to the preference for concessional resources.\n- The practice in Fund-supported programs in LICs has generally been to set zero limits on nonconcessional external borrowing while not restricting concessional financing.\n- Flexibility has been applied on a case-by-case basis to allow some nonconcessional borrowing when warranted."
    },
    {
      "heading": "Publication details and metadata",
      "content": "- Publication title: Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt\n- Publication date: February 26, 2009\n- Format: Web landing page (Policy Papers)\n- Subjects: Debt, Debt management, Debt sustainability, External debt, External financing, Fund policies, Low-income developing countries\n- Citation example provided: Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt, (USA: International Monetary Fund, 0) accessed 9/18/2026\n\nSource: IMF policy paper landing page titled \"Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt\" (February 26, 2009).\n\n---\n\n Content in this bundle\n\n- 022509a\n  - 022509a (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 022509a (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/index.md)",
    "[Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/index.json)",
    "[Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/bundle-manifest.json)",
    "Published: February 26, 2009",
    "Series: Policy Papers",
    "Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position.",
    "The international community’s main answer to this dilemma has been to promote recourse to concessional external resources.",
    "The Fund’s recommendations to LICs conform to the preference for concessional resources.",
    "The practice in Fund-supported programs in LICs has generally been to set zero limits on nonconcessional external borrowing while not restricting concessional financing.",
    "Flexibility has been applied on a case-by-case basis to allow some nonconcessional borrowing when warranted.",
    "Publication title: Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt",
    "Publication date: February 26, 2009",
    "Format: Web landing page (Policy Papers)",
    "Subjects: Debt, Debt management, Debt sustainability, External debt, External financing, Fund policies, Low-income developing countries",
    "Citation example provided: Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt, (USA: International Monetary Fund, 0) accessed 9/18/2026",
    "**_022509a**"
  ],
  "related": [
    {
      "title": "_022509a",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_022509a.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_022509a.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2009/_022509a.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/index.md",
    "json": "/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/index.json",
    "bundleManifest": "/en/publications/policy-papers/issues/2016/12/31/changing-patterns-in-low-income-country-financing-and-implications-for-fund-policies-on-pp4320/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-18T20:59:28.783Z"
}