Classification of Low-Income Countries for the Purpose of Debt Limits in Fund-Supported Programs

Classification of Low-Income Countries for the Purpose of Debt Limits in Fund-Supported Programs - 2011 Update

December 8, 2011

Preview Citation

Format: Chicago

Classification of Low-Income Countries for the Purpose of Debt Limits in Fund-Supported Programs - 2011 Update, (USA: International Monetary Fund, 0) accessed December 26, 2024

Summary

This short paper informs the Executive Board of staff’s assessment of macroeconomic and public financial management capacity (henceforth “capacity”) in PRGT-eligible countries (henceforth “low-income countries”) with Fund-supported programs for the purpose of setting debt limits. Capacity plays an important role in the framework for debt limits. This framework includes a menu of options for concessionality requirements to reflect the diversity of situations in low-income countries (LICs). Eligibility for a particular option is related to an assessment of debt vulnerabilities and capacity.

Subject: Access limits, Access to Fund general resources, Classification of countries, Concessional aid, External borrowing, External debt, Fund-supported adjustment programs, Low-income developing countries

Publication Details

Pages:

---
Volume:

---
DOI:

---
Issue:

---
Series:

Policy Papers
Stock No:

---
ISBN:

---
ISSN:

---

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Policy Papers