{
  "title": "A Guide and Tool for Projecting Public Gross Financing Needs",
  "publication": "Technical Notes and Manuals, January 24, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/tnm/issues/2025/01/24/a-guide-and-tool-for-projecting-public-gross-financing-needs-555913",
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  "summary": "This guide presents the analytical underpinnings and a manual for the Public Debt Dynamics Tool with Gross Financing Needs (DDT_GFN), an extension of the Public Debt Dynamics Tool (DDT). The DDT projects public debt as percent of GDP under a baseline and alternative scenarios.",
  "sections": [
    {
      "heading": "Overview and Purpose",
      "content": "- Presents the analytical underpinnings and a manual for the Public Debt Dynamics Tool with Gross Financing Needs (DDTGFN), an extension of the Public Debt Dynamics Tool (DDT).\n- The DDT projects public debt as percent of GDP under a baseline and alternative scenarios.\n- The DDTGFN presents debt-to-GDP projections and the corresponding public gross financing needs (GFN)-to-GDP projections for all DDT scenarios.\n- Includes fan charts for both public debt and GFN.\n- Computes fiscal adjustment paths for a user defined GFN target and adjustment period.\n- Developed by the IMF Institute for Capacity Development for capacity development work on macroeconomic frameworks for forecasting and policy analysis."
    },
    {
      "heading": "Key Features and Analytical Components",
      "content": "- Debt-to-GDP projections under baseline and alternative scenarios.\n- Public gross financing needs (GFN)-to-GDP projections corresponding to each scenario.\n- Fan charts for public debt and GFN to represent distributional uncertainty.\n- Fiscal adjustment path computation given:\n  - a user defined GFN target, and\n  - a user defined adjustment period.\n- Requires twelve often publicly available macrofiscal variables to perform analyses of public debt and GFN dynamics."
    },
    {
      "heading": "Use Cases and Intended Users",
      "content": "- Designed for IMF Institute for Capacity Development capacity building activities.\n- Intended to support macroeconomic frameworks for forecasting and policy analysis, including stress testing of debt and financing needs and designing fiscal adjustment strategies.\n\n---\n\n Content in this bundle\n\n- A Guide and Tool for Projecting Public Gross Financing Needs; January 2025; TNM 2025/01\n  - A Guide and Tool for Projecting Public Gross Financing Needs; January 2025; TNM 2025/01 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - A Guide and Tool for Projecting Public Gross Financing Needs; January 2025; TNM 2025/01 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/tnm/issues/2025/01/24/a-guide-and-tool-for-projecting-public-gross-financing-needs-555913"
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    "Authors: Santiago Acosta Ormaechea, Leonardo Martinez, Jorge Restrepo",
    "Published: January 24, 2025",
    "Series: Technical Notes and Manuals",
    "DOI: https://doi.org/10.5089/9798400289446.005",
    "Presents the analytical underpinnings and a manual for the Public Debt Dynamics Tool with Gross Financing Needs (DDT_GFN), an extension of the Public Debt Dynamics Tool (DDT).",
    "The DDT projects public debt as percent of GDP under a baseline and alternative scenarios.",
    "The DDT_GFN presents debt-to-GDP projections and the corresponding public gross financing needs (GFN)-to-GDP projections for all DDT scenarios.",
    "Includes fan charts for both public debt and GFN.",
    "Computes fiscal adjustment paths for a user defined GFN target and adjustment period.",
    "Developed by the IMF Institute for Capacity Development for capacity development work on macroeconomic frameworks for forecasting and policy analysis.",
    "Debt-to-GDP projections under baseline and alternative scenarios.",
    "Public gross financing needs (GFN)-to-GDP projections corresponding to each scenario.",
    "Fan charts for public debt and GFN to represent distributional uncertainty.",
    "Fiscal adjustment path computation given:",
    "Requires twelve often publicly available macrofiscal variables to perform analyses of public debt and GFN dynamics.",
    "Designed for IMF Institute for Capacity Development capacity building activities.",
    "Intended to support macroeconomic frameworks for forecasting and policy analysis, including stress testing of debt and financing needs and designing fiscal adjustment strategies.",
    "**A Guide and Tool for Projecting Public Gross Financing Needs; January 2025; TNM 2025/01**"
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