Документы и доклады

Global Sovereign Debt Roundtable Compendium of GSDR Common Understanding on Technical Issues (Английский)

Global Sovereign Debt Roundtable Sovereign Debt Restructuring: A Playbook for Country Authorities (Английский)

This document presents a summary of the key steps, concepts, and processes observed in recent sovereign debt restructurings undertaken in the context of an IMF-supported program, in particular those restructurings...

Global Sovereign Debt Roundtable 4th Cochairs Progress Report (Английский)

Debt-related risks have increased. Public debt levels in low-income countries (LICs) and emerging markets (EMs) were already high before the COVID-19 pandemic and have increased further due to the pandemic...

Ghana – Joint World Bank-IMF Debt Sustainability Analysis (Английский)

The authorities have made significant progress on their comprehensive debt restructuring strategy. They completed the domestic debt restructuring last year and the restructuring of their Eurobonds in October...

Hidden Debt Revelations (Английский)

How reliable are public debt statistics? This paper quantifies the magnitude, characteristics, and timing of hidden debt by tracking ex post data revisions across a comprehensive new database of more than...

Debt-for-Development Swaps and the Potential Role of the World Bank : Technical Note (Английский)

The note provided a basis for the Joint World Bank-International Monetary Fund (IMF) debt for development swaps: an approach framework paper and includes a discussion on the potential role of the World...

China - Building a Modern Fiscal System Technical Assistance Project : Fifteenth Implementation Support Mission and Implementation Completion and Results Report Mission - April 11 to 17, 2024 (Английский)

Sri Lanka Development Update - Bridge to Recovery (Английский)

The Sri Lankan economy has shown early signs of stabilization with improved fiscal and external balances, supported by a recovery in remittances and tourism and the continued debt service suspension. However...

Subnational Debt Financing in Indonesia (Английский)

Indonesia’s subnational governments (SNGs) play an important role in delivering infrastructure services and are responsible for implementing one-half of total government capital expenditure. Despite significant...

Statement by Mario Marcel at the 105th Meeting of the Development Committee held on April 22, 2022 (Английский)

This is a statement by H.E. Mario Marcel, Minister of Finance, at the 105th meeting of the Development Committee held on April 22, 2022. The pandemic has hit the Latin American and Caribbean Region (LAC)...

Achieving Comparability of Treatment under the G20’s Common Framework (Английский)

The principle of comparability of treatment (CoT) is a key element of the G20’s Common Framework for debt restructuring. However, in its current form, is not being enforced, does not distribute the burden...

Hidden Defaults (Английский)

China’s lending boom to developing countries is morphing into defaults and debt distress. Given the secrecy surrounding China’s loans, also the associated defaults remain “hidden”, as missed payments and...

Chad – Joint World Bank-IMF Debt Sustainability Analysis (Английский)

Chad’s debt ratios have worsened since the onset of the COVID-19 pandemic and downside risks have increased given the uncertainties around the intensity and duration of the pandemic and oil price volatility...

Sovereign Bonds since Waterloo (Английский)

This paper studies external sovereign bonds as an asset class. It compiles a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the...

Congo, Republic of - Joint World Bank-IMF Debt Sustainability Analysis (Английский)

The overall and external debt of the Republic of Congo are classified as in distress, pending finalization of debt restructuring agreements with one external commercial creditor and clearance of arrears...

A Toolkit for Corporate Workouts (Английский)

This Toolkit is aimed primarily at policy makers, financial institutions, and enterprises. It examines different types of corporate restructuring procedures on the basis that one size does not fit across...

G20 Operational Guidelines for Sustainable Financing - Second Self-Assessment Survey Results and Policy Recommendations (Английский)

In March 2017, against the backdrop of rising debt vulnerabilities, G20 countries endorsed and committed to promote the G20 Operational Guidelines for Sustainable Financing. The aim of these guidelines...

Debt Transparency in Developing Economies (Английский)

Analyzing public debt in low-income developing countries (LIDCs) is like solving a puzzle with many missing pieces. Forty percent of LIDCs have not published any sovereign debt data in the last two years...

Congo, Republic of - Joint World Bank-IMF Debt Sustainability Analysis (Английский)

The overall and external debt of the Republic of Congo are classified as “sustainable” but debt is currently considered “in distress” pending finalization of debt restructuring agreements with two private...

From Health Crisis to Financial Distress (Английский)

I discuss the multifaceted economic and financial vulnerabilities that have been created or exacerbated by the COVID-19 pandemic on a foundation of already weak economic fundamentals in many countries...