## Revisiting the Debt Sustainability Framework for Low-Income Countries

_Policy Papers, January 12, 2012_

## Source details

**Canonical URL:** [Revisiting the Debt Sustainability Framework for Low-Income Countries](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/revisiting-the-debt-sustainability-framework-for-low-income-countries-pp4627)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/revisiting-the-debt-sustainability-framework-for-low-income-countries-pp4627/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/revisiting-the-debt-sustainability-framework-for-low-income-countries-pp4627/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/revisiting-the-debt-sustainability-framework-for-low-income-countries-pp4627/bundle-manifest.json)

## Bibliographic details
- Published: January 12, 2012
- Series: Policy Papers

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### Overview
- Introduced in 2005, the joint IMF-World Bank Debt Sustainability Framework (DSF) is a standardized framework for conducting public and external debt sustainability analysis (DSA) in low-income countries (LICs).
- The DSF aims to:
  - help guide the borrowing decisions of LICs,
  - provide guidance for creditors‘ lending and grant allocation decisions,
  - improve World Bank and IMF assessments and policy advice.
- The framework was previously reviewed in 2006 and 2009.

### Purpose and scope of the paper
- This paper provides a comprehensive review of the framework to assess whether it remains adequate in light of changing circumstances in LICs.
- The review:
  - examines the DSF‘s performance to date,
  - presents the results of recent analytical work by IMF and World Bank staffs,
  - discusses a number of areas in which the framework could be improved.

### Publication and access
- Publication title: Revisiting the Debt Sustainability Framework for Low-Income Countries
- Publication date: January 12, 2012
- Format: Web landing page (Policy Papers)
- Subject tags listed: Debt sustainability, External debt, Fiscal policy, Infrastructure, Low-income developing countries, Public debt, Public investment

*Source: Revisiting the Debt Sustainability Framework for Low-Income Countries (January 12, 2012).*

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## Content in this bundle

- **_011212**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/revisiting-the-debt-sustainability-framework-for-low-income-countries-pp4627_