Papua New Guinea (PNG) remains at high risk of debt distress under the Low-Income Country Debt Sustainability Framework (LIC-DSF), with weak debt-carrying capacity. External debt risks are elevated due...
The overall and external debt of the Republic of Congo are classified as in distress, reflecting the ongoing restructuring and audit of domestic arrears, as well as the recurrent accumulation of temporary...
The Debt Sustainability Analysis (DSA) finds Uzbekistan’s risk of external debt distress is low and debt carrying capacity is strong. Under the baseline scenario, public and publicly guaranteed (PPG) external...
Guyana is at a low risk of overall and external debt distress with application of judgement, improved from the 2023 Article IV debt sustainability analysis when it was assessed at a moderate risk of overall...
Benin’s overall and external public debt remain at moderate risk of debt distress, unchanged from the previous DSA (December 2024). All projected external debt burden indicators remain below high-risk...
Staff assess the Kyrgyz Republic’s public debt as sustainable with moderate risks of external and overall debt distress. There is a breach of the relevant thresholds for all four external debt ratios for...
Niger’s risk of external and overall public debt distress is assessed as high, downgraded from the previous DSA published in July 2024, and the public debt is deemed sustainable. The downgrading is primarily...
Nicaragua remains at moderate risk of external and overall debt distress with substantial space to absorb shocks. Under the baseline scenario, external debt burden indicators and the present values (PV)...
The Debt Sustainability Analysis (DSA) assesses Comoros’ external and overall debt as sustainable including in the medium term but continuing to remain at high risk of debt distress. Although debt indicators...
Benin’s overall and external public debt remains at moderate risk of debt distress, unchanged from the previous Debt Sustainability Analysis (DSA). All projected external debt burden indicators remain...
Côte d’Ivoire’s overall and external public debt remain at moderate risk of debt distress and show significative improvements compared to the DSA prior to the debt management operation (DMO) completed...
São Tomé and Príncipe (STP) remains in debt distress, due to prolonged unsettled external arrears of around 1.6 percent of GDP at end-2023. Nevertheless, staff assesses that the country has the capacity...
The Debt Sustainability Analysis (DSA) assesses Moldova at low risk of external debt distress and at moderate risk ooverall public debt distress, unchanged from the previous assessment.1 Moldova’s public...
Papua New Guinea (PNG) remains at high risk of debt distress under the Low-Income Country Debt Sustainability Framework (LIC-DSF), with weak debt-carrying capacity. External debt risks are elevated due...
Despite significant improvement, Chad’s external and overall public debt continues to be assessed at high risk of distress, with the application of judgment due to uncertainty on the medium- to long-term...
This low-income countries debt sustainability analysis (LIC-DSA) provides a streamlined update to the April 2024 LIC-DSA, adding two elements: (i) US 125 million dollars under the World Bank’s Development...
The Lao People’s Democratic Republic (PDR) is assessed to be in external and overall debt distress under the low-income countries’ debt sustainability framework (LIC-DSF). The Lao PDR is assessed to be...
Timor-Leste remains at moderate risk of overall and external debt distress, with application of judgement, unchanged from the 2023 Article IV debt sustainability analysis. The present value of the external...
This background paper delves deeper into the analysis of technical aspects of the LIC-DSF econometric model and implementation, the use of debt-carrying capacity as tool to parsimoniously capture country...
The risk of debt distress rating for Tonga remains high. Before the pandemic, Tonga’s indebtedness had gradually declined from FY20152 to FY2019 owing to much-needed fiscal consolidation. Since 2020, however...