Reform of the Policy on Public Debt Limits in IMF-Supported Programs

This paper evaluates the IMF’s policy on the use of quantitative limits on public debt in IMF-supported programs (the “debt limits policy”) and proposes a number of modifications. The review is taking place at a time when many countries are experiencing heightened debt vulnerabilities or actual debt distress, aggravated by the COVID-19 shock,... READ MORE...

Publication date: November 2020
ISBN 9781513560885

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Publication date: November 2020