{
  "title": "A Guide and Tool for Projecting Public Debt and Fiscal Adjustment Paths with Local- and Foreign-Currency Debt",
  "publication": "Technical Notes and Manuals, May 28, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153",
  "canonical": "https://www.imf.org/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153",
  "overlayPath": "/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/index.md",
  "summary": "This guide presents the analytical underpinnings and a user manual for the Excel-based Public Debt Dynamics Tool (DDT).",
  "sections": [
    {
      "heading": "Summary and scope",
      "content": "- Presents the analytical underpinnings and a user manual for the Excel-based Public Debt Dynamics Tool (DDT).\n- Focuses on projecting public debt and fiscal adjustment paths in the presence of local- and foreign-currency debt."
    },
    {
      "heading": "Tool description",
      "content": "- Debt Dynamics Tool (DDT) Macondo (Updated).\n- Excel-based Public Debt Dynamics Tool (DDT) with accompanying analytical exposition and user manual."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Debt sustainability analysis, Exchange rate adjustments, Expenditure, External debt, Fiscal policy, Fiscal stance, Foreign currency debt, Foreign exchange, Public debt, Revenue administration\n- Keywords: DDT input, Debt sustainability analysis, dynamics equation, dynamics tool, Exchange rate adjustments, Fiscal stance, Foreign currency debt, market-access countries debt sustainability, public debt projection, public debt target"
    },
    {
      "heading": "Publication and metadata",
      "content": "- Authors: Santiago Acosta Ormaechea, Leonardo Martinez\n- Publication date: May 28, 2021\n- Series: Technical Notes and Manuals No. 2021/005\n- Issue: 005\n- Volume: 2021\n- Pages: 32\n- DOI: https://doi.org/10.5089/9781513577289.005\n- Stock No: TNMEA2021005\n- ISBN: 9781513577289\n- ISSN: 2075-8669"
    },
    {
      "heading": "Access and formats",
      "content": "- Format noted: PDF available for download.\n- Additional formats available on IMF eLibrary and options to order a print copy."
    },
    {
      "heading": "Disclaimer",
      "content": "- \"This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.\"\n\nSource: IMF Technical Notes and Manuals 2021/005, \"A Guide and Tool for Projecting Public Debt and Fiscal Adjustment Paths with Local- and Foreign-Currency Debt\" (May 28, 2021).\n\n---\n\n Content in this bundle\n\n- Tnmea2021005\n  - Tnmea2021005 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Tnmea2021005 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/index.md)",
    "[Structured JSON version](/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/index.json)",
    "[Bundle manifest](/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/bundle-manifest.json)",
    "Authors: Santiago Acosta Ormaechea, Leonardo Martinez",
    "Published: May 28, 2021",
    "Series: Technical Notes and Manuals",
    "DOI: https://doi.org/10.5089/9781513577289.005",
    "Presents the analytical underpinnings and a user manual for the Excel-based Public Debt Dynamics Tool (DDT).",
    "Focuses on projecting public debt and fiscal adjustment paths in the presence of local- and foreign-currency debt.",
    "Debt Dynamics Tool (DDT) Macondo (Updated).",
    "Excel-based Public Debt Dynamics Tool (DDT) with accompanying analytical exposition and user manual.",
    "Subject: Debt sustainability analysis, Exchange rate adjustments, Expenditure, External debt, Fiscal policy, Fiscal stance, Foreign currency debt, Foreign exchange, Public debt, Revenue administration",
    "Keywords: DDT input, Debt sustainability analysis, dynamics equation, dynamics tool, Exchange rate adjustments, Fiscal stance, Foreign currency debt, market-access countries debt sustainability, public debt projection, public debt target",
    "Authors: Santiago Acosta Ormaechea, Leonardo Martinez",
    "Publication date: May 28, 2021",
    "Series: Technical Notes and Manuals No. 2021/005",
    "Issue: 005",
    "Volume: 2021",
    "Pages: 32",
    "DOI: https://doi.org/10.5089/9781513577289.005",
    "Stock No: TNMEA2021005",
    "ISBN: 9781513577289",
    "ISSN: 2075-8669",
    "Format noted: PDF available for download.",
    "Additional formats available on IMF eLibrary and options to order a print copy.",
    "\"This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.\"",
    "**Tnmea2021005**"
  ],
  "related": [
    {
      "title": "Tnmea2021005",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/tnm/2021/english/tnmea2021005.pdf",
      "summary": {
        "path": "/-/media/files/publications/tnm/2021/english/tnmea2021005.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/tnm/2021/english/tnmea2021005.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/index.md",
    "json": "/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/index.json",
    "bundleManifest": "/en/publications/tnm/issues/2021/05/28/a-guide-and-tool-for-projecting-public-debt-and-fiscal-adjustment-paths-with-local-and-460153/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-21T06:37:26.976Z"
}