{
  "title": "Reform of the Policy on Public Debt Limits in Fund-Supported Programs—Proposed Decision and Proposed New Guidelines",
  "publication": "Policy Papers, November 14, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/reform-of-the-policy-on-public-debt-limits-in-fund-supported-programs-proposed-decision-and-pp4927",
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  "summary": "This supplement refers to the reforms proposed in <a href=\"/external/np/pp/eng/2014/111414.pdf\"><i>Reform of the Policy on Public Debt Limits in Fund-Supported Programs</i></a> to the existing framework governing external debt limits in Fund arrangements, and presents the proposed decision that is n",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This supplement refers to the reforms proposed in Reform of the Policy on Public Debt Limits in Fund-Supported Programs to the existing framework governing external debt limits in Fund arrangements.\n- It presents the proposed decision that is needed to implement these reforms.\n- The proposed new guidelines are included in the Attachment to the decision.\n- Annexes I and II set forth for the convenience of Executive Directors redlined texts that show revisions against the current guidelines and to the Policy Support Instrument decision, respectively.\n- Publication date: November 14, 2014."
    },
    {
      "heading": "Key subjects covered",
      "content": "- Concessional aid\n- Conditionality\n- Executive Board decisions\n- External debt\n- Fund policies\n- Fund-supported adjustment programs\n- Public debt"
    },
    {
      "heading": "Structural components described",
      "content": "- Proposed decision to implement reforms to external debt limit framework.\n- Attachment containing the proposed new guidelines.\n- Annex I and Annex II containing redlined revisions for Executive Directors’ convenience."
    },
    {
      "heading": "Reference and access notes",
      "content": "- The page references the linked document: Reform of the Policy on Public Debt Limits in Fund-Supported Programs.\n- The IMF eLibrary is noted to offer over 25,000 IMF publications in multiple formats.\n- Citation format indicated on the page: Format: Chicago.\n- Date shown in page citation: accessed 9/17/2026.\n\nSource: Reform of the Policy on Public Debt Limits in Fund-Supported Programs—Proposed Decision and Proposed New Guidelines (November 14, 2014).\n\n---\n\n Content in this bundle\n\n- 111414s1\n  - 111414s1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 111414s1 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/reform-of-the-policy-on-public-debt-limits-in-fund-supported-programs-proposed-decision-and-pp4927"
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    "Published: November 14, 2014",
    "Series: Policy Papers",
    "This supplement refers to the reforms proposed in Reform of the Policy on Public Debt Limits in Fund-Supported Programs to the existing framework governing external debt limits in Fund arrangements.",
    "It presents the proposed decision that is needed to implement these reforms.",
    "The proposed new guidelines are included in the Attachment to the decision.",
    "Annexes I and II set forth for the convenience of Executive Directors redlined texts that show revisions against the current guidelines and to the Policy Support Instrument decision, respectively.",
    "Publication date: November 14, 2014.",
    "Concessional aid",
    "Conditionality",
    "Executive Board decisions",
    "External debt",
    "Fund policies",
    "Fund-supported adjustment programs",
    "Public debt",
    "Proposed decision to implement reforms to external debt limit framework.",
    "Attachment containing the proposed new guidelines.",
    "Annex I and Annex II containing redlined revisions for Executive Directors’ convenience.",
    "The page references the linked document: Reform of the Policy on Public Debt Limits in Fund-Supported Programs.",
    "The IMF eLibrary is noted to offer over 25,000 IMF publications in multiple formats.",
    "Citation format indicated on the page: Format: Chicago.",
    "Date shown in page citation: accessed 9/17/2026.",
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