Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities

December 14, 2020

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Format: Chicago

Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities, (USA: International Monetary Fund, 2020) accessed November 18, 2024

Summary

Amid rising debt risks in low-income developing countries and emerging markets, the IMF and the WB have been implementing a multipronged approach (MPA) to address debt vulnerabilities. Amplification of debt risks owing to COVID-19 has upped the urgency to implement the MPA and highlights the importance of debt sustainability and transparency for long-term financing for development. At the same time, it should be noted that countries have limited capacities which are further stretched by COVID-19 and that implementation of the MPA by itself may not be sufficient to address debt vulnerabilities and risks from global economic shocks.

Subject: Debt sustainability, Debt sustainability analysis, Fiscal risks, Government debt management, Public debt

Keywords: Analysis tool, Debt transparency, Debt vulnerability, IMF data provision framework, IMF debt data provision requirement, IMF-WB CD work, Multipronged approach, PP, WB CD effort, WB QPSD database, WB staff

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2020/066
Stock No:

PPEA2020066
ISBN:

9781513563619
ISSN:

2663-3493

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