Staff Guidance Note on Debt Limits in Fund-Supported Programs

Nopic
In August 2009, the Executive Board approved new guidelines on external debt limits in Fund-supported programs. Debt limits seek to prevent the build-up of unsustainable debts, while allowing for adequate external financing. The new framework moves away from a single design for debt limits (or, to use the usual terminology, concessionality... READ MORE...

Publication date: December 2009
ISBN 9781498335034
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Publication date: December 2009

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