Debt Limits in Fund-Supported Programs - Proposed New Guidelines

Nopic
Low-income countries (LICs) face significant challenges in meeting their development objectives, while maintaining a sustainable debt position. To address this dilemma, the international community has largely advocated recourse to concessional external finance. The Fund’s existing policy and practice on external debt limits conforms to this... READ MORE...

Publication date: May 2009
ISBN 9781498335744
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