{
  "title": "Staff Guidance Note on the Application of the Joint Fund-Bank Debt Sustainability Framework for Low-Income Countries",
  "publication": "Policy Papers, January 25, 2010",
  "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-pp4419",
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  "summary": "The objective of the joint Bank-Fund 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": "Summary",
      "content": "- Objective: Support low-income countries (LICs) in achieving their development goals without creating future debt problems.\n- Emphasis: 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.\n- Joint preparation: Country debt sustainability analyses (DSAs) are prepared jointly by Bank and Fund staff.\n- Collaborative elements: Close collaboration between Bank and Fund staffs on the design of the macroeconomic baseline, alternative scenarios, the debt distress rating, and the drafting of the write-up."
    },
    {
      "heading": "Implementation and collaborative process",
      "content": "- Joint Bank-Fund responsibility for country DSAs.\n- Key collaborative tasks:\n  - Design of the macroeconomic baseline.\n  - Construction of alternative scenarios.\n  - Determination of the debt distress rating.\n  - Drafting the DSA write-up."
    },
    {
      "heading": "Policy focus and covered topics",
      "content": "- Allocation of SDRs\n- Collaboration with World Bank\n- Debt burden\n- Debt sustainability analysis\n- External debt\n- Low-income developing countries\n- Public debt\n- Public enterprises\n- Public investment\n- Workers remittances"
    },
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      "content": "- Publication date on page: January 25, 2010\n- The IMF eLibrary offers over 25,000 IMF publications in multiple formats.\n\nStaff Guidance Note on the Application of the Joint Fund-Bank Debt Sustainability Framework for Low-Income Countries\n\n---\n\n Content in this bundle\n\n- 012210\n  - 012210 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 012210 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: 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-pp4419"
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    "Published: January 25, 2010",
    "Series: Policy Papers",
    "Objective: Support low-income countries (LICs) in achieving their development goals without creating future debt problems.",
    "Emphasis: 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.",
    "Joint preparation: Country debt sustainability analyses (DSAs) are prepared jointly by Bank and Fund staff.",
    "Collaborative elements: Close collaboration between Bank and Fund staffs on the design of the macroeconomic baseline, alternative scenarios, the debt distress rating, and the drafting of the write-up.",
    "Joint Bank-Fund responsibility for country DSAs.",
    "Key collaborative tasks:",
    "Allocation of SDRs",
    "Collaboration with World Bank",
    "Debt burden",
    "Debt sustainability analysis",
    "External debt",
    "Low-income developing countries",
    "Public debt",
    "Public enterprises",
    "Public investment",
    "Workers remittances",
    "Publication date on page: January 25, 2010",
    "The IMF eLibrary offers over 25,000 IMF publications in multiple formats.",
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