Reform of the Policy on Public Debt Limits in IMF-Supported Programs.

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...

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Bibliografische gegevens
Coauteur: International Monetary Fund. Strategy, Policy, and Review Department
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2020.
Online toegang:Full text available on IMF
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110 2 |a International Monetary Fund.  |b Strategy, Policy, and Review Department. 
240 1 0 |a Reform of the Policy on Public Debt Limits in IMF-Supported Programs.  |l French 
245 1 0 |a Reform of the Policy on Public Debt Limits in IMF-Supported Programs. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2020. 
300 |a 1 online resource (66 pages) 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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. 
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