Staff Guidance Note on Debt Limits in Fund-Supported Programs.
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 u...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Series: | Policy Papers; Policy Paper ;
No. 2009/101 |
| Online Access: | Full text available on IMF |