Modification to the Transparency Policy

July 13, 2022

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Modification to the Transparency Policy, (USA: International Monetary Fund, 2022) accessed December 22, 2024

Summary

The new Debt Sustainability Framework for Market Access Countries (MAC SRDSF) contemplates certain output that would be shared with the Board but that would need to be deleted from Country Documents before publication. A targeted modification to the Transparency Policy—proposed in this paper—is required for such deletions to be applied across market access Country Documents rather than on a case-by-case basis. The MAC SRDSF output to be deleted before publication consists on: (i) the near-term risk assessment; (ii) when debt is assessed to be sustainable, the qualification ”with high probability” or “but not with high probability”, unless such qualification is required for use of Fund resources; and (iii) the mechanical signal on debt sustainability.

Subject: Debt sustainability, Debt sustainability analysis, External debt, Monetary policy, Political economy, Public debt

Keywords: Access country, Debt sustainability, Debt sustainability analysis, Fund arrangement, IMF team, Market sensitivity concern, Market-sensitive material, Transparency Policy

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2022/035
Stock No:

PPEA2022035
ISBN:

9798400213588
ISSN:

2663-3493

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