IMF reviews its debt sustainability framework

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IMF reviews its debt sustainability framework   The Executive Board of the International Monetary Fund (IMF) reviewed on January 14, 2021 the IMF Debt sustainability Framework for Market Access Countries (MAC DSA). The review revealed scope to improve the MAC DSA framework’s ability to identify risk of sovereign stress and better align it with the IMF’s lending framework, to be achieved by replacing the current approach with a new methodology. The MAC DSA plays a key role in the Fund’s core functions of surveillance and lending. In surveillance, the framework…

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