{
  "title": "Staff Guidance Note on the Application of the Joint Fund-Bank Debt Sustainability Framework for Low-Income Countries",
  "publication": "Policy Papers, October 6, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/staff-guidance-note-on-the-application-of-the-joint-fund-bank-debt-sustainability-framework-pp4297",
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  "summary": "The objective of the joint Fund-Bank debt sustainability framework for low-income countries is to support LICs in their efforts to achieve their development goals without creating future debt problems.",
  "sections": [
    {
      "heading": "Objective",
      "content": "- The objective of the joint Fund-Bank debt sustainability framework for low-income countries is to support LICs in their efforts to achieve their development goals without creating future debt problems.\n- Countries that have received debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) need to be kept on a sustainable track."
    },
    {
      "heading": "Framework and Process",
      "content": "- Country DSAs are prepared jointly by Bank and Fund staff.\n- Key collaborative elements:\n  - Design of the macroeconomic baseline.\n  - Design of alternative scenarios.\n  - Determination of the debt distress rating.\n  - Drafting of the write-up."
    },
    {
      "heading": "Updated Paper",
      "content": "- See the updated paper: Staff Guidance Note on the Application of the Joint Bank-Fund Debt Sustainability Framework for Low-Income Countries dated January 22, 2010."
    },
    {
      "heading": "Key Facts and Figures",
      "content": "- IMF eLibrary offers over 25,000 IMF publications in multiple formats.\n- Publication date listed: October 6, 2008.\n- Citation example (as shown on the page): Staff Guidance Note on the Application of the Joint Bank-Fund Debt Sustainability Framework for Low-Income Countries , (USA: International Monetary Fund, 0) accessed 9/18/2026"
    },
    {
      "heading": "Subjects and Coverage",
      "content": "- Subject terms listed on the page:\n  - Debt sustainability analysis\n  - Domestic debt\n  - Heavily indebted poor countries\n  - HIPC Initiative\n  - Low-income developing countries"
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    "Published: October 6, 2008",
    "Series: Policy Papers",
    "The objective of the joint Fund-Bank debt sustainability framework for low-income countries is to support LICs in their efforts to achieve their development goals without creating future debt problems.",
    "Countries that have received debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) need to be kept on a sustainable track.",
    "Country DSAs are prepared jointly by Bank and Fund staff.",
    "Key collaborative elements:",
    "See the updated paper: Staff Guidance Note on the Application of the Joint Bank-Fund Debt Sustainability Framework for Low-Income Countries dated January 22, 2010.",
    "IMF eLibrary offers over 25,000 IMF publications in multiple formats.",
    "Publication date listed: October 6, 2008.",
    "Citation example (as shown on the page): Staff Guidance Note on the Application of the Joint Bank-Fund Debt Sustainability Framework for Low-Income Countries , (USA: International Monetary Fund, 0) accessed 9/18/2026",
    "Subject terms listed on the page:",
    "Pages: ---",
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    "DOI:",
    "Issue:",
    "Series:",
    "Stock No:",
    "ISBN:",
    "ISSN:",
    "**_100608**"
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