## Modification to the Transparency Policy

_Policy Papers, July 13, 2022_

## Source details

**Canonical URL:** [Modification to the Transparency Policy](https://www.imf.org/en/publications/policy-papers/issues/2022/07/13/modification-to-the-transparency-policy-520678)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2022/07/13/modification-to-the-transparency-policy-520678/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2022/07/13/modification-to-the-transparency-policy-520678/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2022/07/13/modification-to-the-transparency-policy-520678/bundle-manifest.json)

## Bibliographic details
- Published: July 13, 2022
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400213588.007

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### Objective and Scope
- Proposes a targeted modification to the Transparency Policy to permit certain deletions across market access Country Documents rather than on a case-by-case basis.
- Motivation: the new Debt Sustainability Framework for Market Access Countries (MAC SRDSF) produces output shared with the Board that must be deleted from Country Documents prior to publication.

### Specific MAC SRDSF output proposed for deletion before publication
- (i) the near-term risk assessment;
- (ii) when debt is assessed to be sustainable, the qualification "with high probability" or "but not with high probability", unless such qualification is required for use of Fund resources;
- (iii) the mechanical signal on debt sustainability.

### Policy implication
- The paper seeks authorization to apply these deletions uniformly across market access Country Documents to reflect the MAC SRDSF requirements.

### Subjects and keywords
- Subject: Debt sustainability, Debt sustainability analysis, External debt, Monetary policy, Political economy, Public debt
- Keywords: access country, Debt sustainability, Debt sustainability analysis, Fund arrangement, IMF team, market sensitivity concern, market-sensitive material, transparency Policy

*International Monetary Fund. Modification to the Transparency Policy. Policy Papers 2022, 035 (2022).*

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## Content in this bundle

- **Policy Paper**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2022/07/13/modification-to-the-transparency-policy-520678_