Macroeconomic Developments and Prospects in Low-Income Countries - 2022

International Monetary Fund

No 2022/054, IMF Policy Papers from International Monetary Fund

Abstract: Russia’s war in Ukraine and the related fallout have created a challenging external environment for the post-pandemic recovery of low-income countries (LICs). Food and commodity prices linger at elevated level with worsening food security. Global financial conditions tighten as major economies are fighting against inflation. The delay in LICs’ income per capita convergence to that of advanced economies (AEs) is expected to last into the medium term.

Keywords: debt management achievement; low-income countries; C. aligning debt management CD delivery; debt vulnerability; debt management advisor; IMF debt management capacity building delivery; improvements in LICS; debt management improvement; LICS financing; LIC debt management capacity development case; debt management strategy; financing needs; Government debt management; Debt restructuring; Global (search for similar items in EconPapers)
Pages: 78
Date: 2022-12-08
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