Debt Sustainability Framework for Low-Income Countries

All courses are scheduled to take place at the JVI. Courses may have to be delivered virtually in case safe travel to and in-person training in Vienna is not possible. The decision to offer virtual instead of onsite training will be made within 5 weeks of the course start date.

All participants are expected to follow our COVID-19 Guidelines.


TARGET GROUP | Officials of Ministries of Finance and Debt Management Offices of countries which apply the Joint IMF-World Bank Debt Sustainability Framework for Low Income Countries.


DESCRIPTION | This one-week course presents the Joint IMF-World Bank Debt Sustainability Framework for Low Income Countries through presentations, discussions, and hands-on exercises. Lower-income countries face significant challenges in meeting their development objectives, including the Sustainable Development Goals (SDGs), while ensuring external and overall public debt remain sustainable. The primary aim of the LIC DSA is to guide countries’ borrowing decisions to match their need for funds with their current and prospective ability to service debt, tailored to their specific circumstances. The framework also provides guidance for creditors’ lending and grant-allocation decisions to ensure that resources to LICs are provided on terms that are consistent with their long-term debt sustainability and progress towards achieving the SDGs. This course will introduce participants to using the LIC DSA, including standardized forward-looking analysis of the debt and debt service dynamics under a baseline scenario and in the face of plausible shocks and an assessment of debt sustainability in relation to indicative country-specific debt burden thresholds Participants will work on exercises and case studies, and analyze the outputs generated by the LIC DSA template.



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Course Details

Start: 20230227Feb 27
End: 20230303Mar 03

Language: English

Sponsoring Organization: IBRD

Admin Arrangements

Application Deadline: By invitation only

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