Changing Patterns in Low-Income Country Financing and Implications for Fund Policies on External Financing and Debt

Nopic
Low-income countries (LICs) face significant challenges in meeting their development objectives while maintaining a sustainable debt position. The international community’s main answer to this dilemma has been to promote recourse to concessional external resources. The Fund’s recommendations to LICs conform to this preference: the practice in... READ MORE...

Publication date: February 2009
ISBN 9781498336253
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