{
  "title": "Supplement to 2018 Guidance Note on the Bank-Fund Debt Sustainability Framework for Low Income Countries",
  "publication": "Policy Papers, August 5, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2024/08/05/supplement-to-2018-guidance-note-on-the-bank-fund-debt-sustainability-framework-for-low-553151",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2024/08/05/supplement-to-2018-guidance-note-on-the-bank-fund-debt-sustainability-framework-for-low-553151",
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  "summary": "This Supplement provides additional guidance to IMF and World Bank staff on the implementation of the Bank-Fund Debt Sustainability Framework for Low Income Countries (LIC-DSF) approved in 2017 by the IMF and World Bank Boards. It complements the 2018 Bank-Fund Guidance Note on the LIC-DSF.",
  "sections": [
    {
      "heading": "Purpose and scope",
      "content": "- Provides additional guidance to IMF and World Bank staff on implementation of the Bank-Fund Debt Sustainability Framework for Low Income Countries (LIC-DSF) approved in 2017 by the IMF and World Bank Boards.\n- Complements the 2018 Bank-Fund Guidance Note on the LIC-DSF.\n- Confirms: \"All aspects of the 2018 LIC-DSF Guidance Note remain in effect, except as modified in this Supplement.\""
    },
    {
      "heading": "Issues prompting the Supplement",
      "content": "- Greater prominence of risks from climate change.\n- Further increase in borrowing on commercial terms and in domestic markets.\n- Increased number and complexity of debt restructurings."
    },
    {
      "heading": "Core guidance emphasis",
      "content": "- How to address the above issues within the current LIC-DSF framework.\n- Reinforces implementation practices and adjustments where specified by this Supplement."
    },
    {
      "heading": "Publication and metadata",
      "content": "- Publication date: August 5, 2024\n- Pages: 32\n- Series: Policy Paper No. 2024/039\n- Volume: 2024\n- Issue: 039\n- DOI: https://doi.org/10.5089/9798400285363.007\n- ISBN: 9798400285363\n- ISSN: 2663-3493\n- Stock No: PPEA2024039\n- Format: Policy Papers (web landing page with PDF and eLibrary access options noted on the source)"
    },
    {
      "heading": "Subject coverage",
      "content": "- Asset and liability management\n- Climate change; Climate policy; Climate finance\n- Debt restructuring; Debt service; Debt sustainability; Debt sustainability analysis\n- Domestic debt; External debt; Domestic Public Debt; External Public Debt\n- Environment; Natural disasters\n- IMF poverty reduction; IMF resilience\n- Stress testing; Transparency policy\n- Pacific Islands; WB country climate"
    },
    {
      "heading": "Keywords (as provided)",
      "content": "- burden indicator\n- climate change\n- Climate change\n- Climate finance\n- Climate policy\n- Debt restructuring\n- Debt restructuring\n- Debt service\n- Debt sustainability\n- Debt sustainability\n- Debt sustainability analysis\n- Debt sustainability analysis\n- Domestic debt\n- Domestic debt\n- Domestic Public Debt\n- Environment\n- External Public Debt\n- Global\n- IMF poverty reduction\n- IMF resilience\n- Natural disasters\n- Pacific Islands\n- Stress testing\n- transparency policy\n- WB country climate\n\nInternational Monetary Fund. Strategy, Policy, & Review Department, and World Bank. \"Supplement to 2018 Guidance Note on the Bank-Fund Debt Sustainability Framework for Low Income Countries\", Policy Papers 2024, 039 (2024), August 5, 2024.\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2024/08/05/supplement-to-2018-guidance-note-on-the-bank-fund-debt-sustainability-framework-for-low-553151"
    }
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    "Published: August 5, 2024",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9798400285363.007",
    "Provides additional guidance to IMF and World Bank staff on implementation of the Bank-Fund Debt Sustainability Framework for Low Income Countries (LIC-DSF) approved in 2017 by the IMF and World Bank Boards.",
    "Complements the 2018 Bank-Fund Guidance Note on the LIC-DSF.",
    "Confirms: \"All aspects of the 2018 LIC-DSF Guidance Note remain in effect, except as modified in this Supplement.\"",
    "Greater prominence of risks from climate change.",
    "Further increase in borrowing on commercial terms and in domestic markets.",
    "Increased number and complexity of debt restructurings.",
    "How to address the above issues within the current LIC-DSF framework.",
    "Reinforces implementation practices and adjustments where specified by this Supplement.",
    "Publication date: August 5, 2024",
    "Pages: 32",
    "Series: Policy Paper No. 2024/039",
    "Volume: 2024",
    "Issue: 039",
    "DOI: https://doi.org/10.5089/9798400285363.007",
    "ISBN: 9798400285363",
    "ISSN: 2663-3493",
    "Stock No: PPEA2024039",
    "Format: Policy Papers (web landing page with PDF and eLibrary access options noted on the source)",
    "Asset and liability management",
    "Climate change; Climate policy; Climate finance",
    "Debt restructuring; Debt service; Debt sustainability; Debt sustainability analysis",
    "Domestic debt; External debt; Domestic Public Debt; External Public Debt",
    "Environment; Natural disasters",
    "IMF poverty reduction; IMF resilience",
    "Stress testing; Transparency policy",
    "Pacific Islands; WB country climate",
    "burden indicator",
    "climate change",
    "Climate change",
    "Climate finance",
    "Climate policy",
    "Debt restructuring",
    "Debt restructuring",
    "Debt service",
    "Debt sustainability",
    "Debt sustainability",
    "Debt sustainability analysis",
    "Debt sustainability analysis",
    "Domestic debt",
    "Domestic debt",
    "Domestic Public Debt",
    "Environment",
    "External Public Debt",
    "Global",
    "IMF poverty reduction",
    "IMF resilience",
    "Natural disasters",
    "Pacific Islands",
    "Stress testing",
    "transparency policy",
    "WB country climate",
    "**Policy Paper**"
  ],
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