External Debt Management in Low-Income Countries

Sheku Bangura, Robert Powell and Damoni Kitabire

No 2000/196, IMF Working Papers from International Monetary Fund

Abstract: Improving debt management capacity in Heavily Indebted Poor Countries (HIPCs) is a key element of the international community’s strategy for ensuring a robust and sustained exit from unsustainable debt burdens. External debt management is a multi-facetted task involving the formulation of a transparent strategy for managing the level of debt, and establishing an appropriate institutional framework that supports effective implementation. This paper brings together the essential elements of effective debt management practices to guide for those assessing debt management capacity and advising on its improvement in low-income countries.

Keywords: WP; debt management; loan; debt; disbursement; debt unit; external debt management; HIPCs; low-income countries; portfolio review; debt management strategy; debt management system; long-term debt; maintaining loan record; debt indicator; loan disbursement; loan portfolio review; loan utilization; loan use; loan offer; Government debt management; Loans; Debt service; Debt strategy; Central Africa (search for similar items in EconPapers)
Pages: 35
Date: 2000-12-01
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Citations: View citations in EconPapers (6)

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