Reform of the Policy on Public Debt Limits in IMF-Supported Programs
Download or Read eBook Reform of the Policy on Public Debt Limits in IMF-Supported Programs PDF written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2020-11-11 with total page 67 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Strategy, Policy, & Review Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 67 |
| Release | : 2020-11-11 |
| ISBN-10 | : 9781513560885 |
| ISBN-13 | : 1513560883 |
| Rating | : 4/5 (85 Downloads) |
Book Synopsis Reform of the Policy on Public Debt Limits in IMF-Supported Programs by : International Monetary Fund. Strategy, Policy, & Review Department
Book excerpt: 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, and occurring against the backdrop of a changing credit landscape in which concessional finance is scarcer relative to countries’ investment needs.
