... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting (Washington, D.C. September 2 7-2 8 2004) Part 1 ... Sustainability Framework 6 Debt Distress 7 Performance Based Allocation System 10 Allocation of Grants 14 Financing of Grants 15 Concerns and Issues 16 Debt...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ...
2
Debt Sustainability in Low Income Countries: Proposal for an Operational Framework and Policy
Implications by Mark Allen and Gobind Nankani, IMF and...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... low- income countries maintain
sustainable debt levels and reduce the risk to IDA of debt problems in
the countries in which IDA will provide a significant share...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... divide up the funds available for
low- income countries that includes “need” (income per capita) and
“performance.” For the fiscal years 2003 to 2005, the Bank mad...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... of why countries with similar
institutional and policy performance as judged by the CPIA and similar
per capita income levels receive IDA allocations on different t...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... of why countries with similar
institutional and policy performance as judged by the CPIA and similar
per capita income levels receive IDA allocations on different t...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... short-
term debt to international reserves. Indicators of fiscal vulnerability
should also be estimated for all low income countries.
The PBA System
2
1
Debt...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ...
international community, in general, and IDA, in particular, to allocate
credits and grants to low- income countries in ways that foster debt
sustainability and...
...
DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ...
2
d) Total Debt Service Ratio is the proportion of exports of goods and
non- factor services that are absorbed for debt service payments on both
long and sho...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7-2 8 2004) ... March
2000.
10 . Debt Relief and Poverty Reduction: Do we need a HIPC III?, Matthew
Martin in Africa Report, NSI, 2002.
11 . Debt Sustainability in Low Income...